Shorting. What Is It Good For?Rupert Hargreaves
The following is a guest post from Eric Fernandez, CFA of Two Rivers Analytics.
The S&P is at record highs yet again. Shorting has been difficult for the past several years as equities have continued their ascent. More than a handful of well-regarded short-biased funds have closed their doors since 2014. You could be forgiven for asking what shorting is good for.
Don’t short-change shorting
The top three reasons institutions invest in hedge funds, according to Prequin’s Global Hedge Fund Report . . .
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