Tail Risk Hedging
topic on 1 show · 1 statements across 1 episodes
1 statements about Tail Risk Hedging, every show
Puffer: Tail risk hedging has weak external manager alignment
“Tail risk hedging is tricky to do as an external strategy, because it's a bit of a no-win situation. It's basically an insurance policy, no matter how it's structured. Unless there's a crisis where the tail risk pays, you expect it to be something that loses m…”