Correlation in Absolute Return
May 31, 2016
Periods of heightened volatility are expected in every investment strategy. For hedge funds, the raison d’etre is to provide access to investment strategies that “hedge” out this volatility. In most cases, the hedge fund will use leverage and negatively correlated assets to provide alpha with lower volatility than the S&P 500, or any other benchmark. When markets dip … More Correlation in Absolute Return