Alternative Investments For Everyman
Prospective investors should investigate a prospective manager’s background, validate that he or she has have funds at risk in his/her progr
The Long View-First Steps in Designing a Risk Management Program
A critical consideration in setting this horizon is that companies should only seek to hedge exposures that are expected to be realized with
Derivatives Basics
Each of these contracts is a contractual arrangement between two parties, whereby each party accepts an obligation to pay the other on the b
Long-Only Commodities Add Return? That’s Bull…..
The heart of my criticism of the long-only commodity funds is that they take long positions irrespective of any consideration of the basis.
Financial Engineering 101 - How Derivative Contracts Impact Cash Flow
Both of the starting examples represent hedging applications, where the company identified an exposure and sought to mitigate its associated
Cross hedging – X Marks the Spot
Cross-hedges may be used in financial markets. As is well known, interest rate swaps are the most common tool corporate treasurers use to co