Quadratic’s Davis Pitches IVOL Product To Play Macro Uncertainty

Quadratic Capital’s founder and CIO Nancy Davis is pitching the firm’s interest-rate volatility and inflation-hedge ETF, IVOL, which launched earlier this year, to investors globally who are concerned about the risk of increased inflation and interest-rate volatility, which can be driven by interest-rate vol risks. The ETF acts as a way to gain inflation-protected income while providing a hedge against interest-rate volatility and yield-curve steepening at the same time as being sensitive to inflation expectations. The product can also work as a tail hedge for equity investors, Davis said.