Citi analysts Stephen Antczak and Jung Lee have been fielding an unusually large number of hedging questions recently, as a Fed rate hike looms, a Greek tragedy could emerge again as new elections are called and the stock market over the past few days has exhibited weakness. [dalio] The search for the best “hedge” finds a swap product The pair searches for the illusive “best” hedging method for “an old school high-yield portfolio manager that is willing to spend a certain amount on a hedge.” This sentence shows an approach taken to hedging: it can be a cost. Professional investors often…
Citi Considers "Old School" Hedge Options, Likes HY Swap
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.