Can Long Volatility Be the Bond Replacement Everyone Is Looking For?

As the reality of a lower-for-longer rates environment sinks in for chief investment officers, volatility hedge funds report they are fielding more and more calls from investors wondering whether a long volatility allocation could provide the defensive characteristics they are looking for. But what might this look like? And how will it work in practice?

EC
Elinor Comlay
DEC 16, 2020

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