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Alpha Exchange — Vol Laundering and the Portrait of a Perfect Hedge
Buzzing ratingBUZZING· 72%14m·2024-07-12·Money

Vol Laundering and the Portrait of a Perfect Hedge

Alpha Exchange · 168

If smoothing returns is the feature not bug of private equity and credit, what strategy fully embraces the virtue of honest mark to market risk? What strategy highlights price shocks and the resulting level at which a portfolio could be unwound in a hurry as the basis of thinking about its efficacy? In this short…

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