With the rise of Options and options-based investment strategies, it is important to understand the differences in the options-based space: drivers of risk and return, different objectives, use of…
This paper proposes an option selling overlay to improve portfolio rebalancing. Within a multi-asset class portfolio, portfolio weights deviate from targets as asset values fluctuate. Investors…
Currency-hedged strategies attempt to eliminate the additional volatility that exchange rates impose on foreign assets. But this benefit comes with some trade-offs. Hedging currency risk has…
