Portfolio De-Risking: Negative Duration
We described in “Non Beta Investing: the Ugly Duck. For now.“, how the big hands of central banks, as well as the big but weak hands of mammoth – compared to their target markets – ETFs and mutual funds […]
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Portfolio De-Risking: Negative DurationWe described in “Non Beta Investing: the Ugly Duck. For now.“, how the big hands of central banks, as well as the big but weak hands of mammoth – compared to their target markets – ETFs and mutual funds […] Non Beta Investing: the Ugly Duckling. For now.In the past several months the global search for income and carry has reached not only a monumental level but also a dizzying speed. A good example is Switzerland, where in July the government bonds under 48 years maturity had […] |
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