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> There is an entire sub-industry of hedge funds which explicitly expect to underperform on an absolute basis for long periods of time, but which service their
by rohit89 6y ago
> There is an entire sub-industry of hedge funds which explicitly expect to underperform on an absolute basis for long periods of time, but which service their clients with highly bespoke risk products. Clients are frequently well-informed and happy with this arrangement.
Care to expand on this with some examples?
- fractionalhare 6y agoSure - off the top of my head, basically any fund or advisor which specializes in derivatives volatility. Universa Investments is a specific example, but you can find more by searching for those criteria.