Short investing for the long haul

Many large institutional money managers are faced with a conundrum. They realise we are in an equity bull market with frothy characteristics. At the same time, however, most large portfolios are more correlated to the equity markets than ever before. With bond yields at insufficient levels and virtually every other asset class at (or above) full value, finding truly diversified alpha is increasingly difficult.

Short-biased hedge funds are the only instrument with an absolute negative correlat

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: