Tail Risk Hedging
Radio Feature 66: Vineer Bhansali in conversation with Sona Blessing
Wednesday, February 06, 2013
Vineer Bhansali is managing director and portfolio manager, head of quantitative investment portfolios and a member of the asset allocation committee at PIMCO. In this radio feature he shares why it pays to be countercyclical in the context of tail risk hedging; the trade-off between the cost of protection and securing returns; instruments in the tool box that can be set up as hedges against for e.g. political risk...
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Tail Risk Hedging
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Why do you believe it pays to be countercyclical in the context of tail risk hedging?
What sort of tools and instruments could be used to hedge given the current market scenario?
Isn’t it a challenge, cost wise, particularly when markets are whipsawing; in "risk-on", "risk-off" mode?
You view risk through a different lens. Could you elaborate?
Does your "New Approach" optimise the ability to gain returns at lower costs?
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