relative value
2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Apr 30, 2018 by Jim Williams · across every show →
Everything said about relative value, oldest first
Apr 30, 2018 neutral
Getty Trust's hedge fund portfolio focuses on relative value and arbitrage
“We tend to be more in relative value and arbitrage type strategies. The beta is down around a .3. So it's not a big, heavy equity presence there. We don't do much in macro. The binary bets of up or down are less appealing to us.”
Oct 2, 2023 positive
Relative value strategies require preserving capital ammunition during drawdown periods
“And so those are more on a mean reversion basis, where those guys will pick up their hands and go, this is the time we need to step up. And the trick is you want to hopefully have navigated the drawdown period well enough to where you have the ammunition to st…”