A recent Eric Peters weekly email commentary points to a common problem facing institutional investors, as a market environment few have seen emerges. After significant volatility, Peters notes institutional investor who selects between buying options for protection or using CTA allocation for risk managment With horrendous August and September market volatility apparently behind investors, Peters refers to on institutional allocator who had a quandary. “Do I ask my board for $100mm to buy options?” he asked, laughing at the prospect. “They’ll say no way, not going to happen.” While discussing the challenges of managing pension pools with valuations at elevated…
Eric Peters Commentary Notes Entering Unknown Market Environment
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.