​Daily Bulletin: Thursday May 7

In the U.S., we talk to one portfolio manager shorting the VVIX, while going long on rates via the TLT. Equity vol just isn’t cutting it for a hedge recently, while realized and implied volatility on TLT has been quite healthy lately. Meanwhile in Japan, Mitsubishi UFJ Trust and Banking (MUTB) has licensed the STOXX Japan 600 Minimum Variance Unconstrained Index for an institutional passive fund. It follows a memorandum of understanding between the firm and STOXX to create and market new smart-beta indices. In the people and firms section, we reported on a senior SocGen official moving to a Monaco-based fund. Also, our inaugural U.S. equity conference is only two weeks away. There’s still time to sign up to hear the latest EQD and vol thinking from 36 South, AIG, Caxton, Gladius, Koch Industries, Ontario Teachers and a host of other top officials. Join them at Global EQD 2015 May 20-21. Go to eqderivatives.com/events for detail.