​Fund Manager Sees Value In HSCEI/S&P, Financials/Benchmark Plays

The increased pressure on HSCEI vol from structured products in Asia is opening up greater opportunities to profit from the discounted level of the index vs. the S&P 500, according to one fund manager. Separately, as financial single stocks display vols that are under-priced vs main benchmarks, straddle strategies are becoming increasingly attractive on the underlyings.