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Not a finance guy, but from what I read and listened to, yes: "The fund combined multiple uncorrelated return strategies that are leveraged appropriately to max
by fl0ps 4y ago
Not a finance guy, but from what I read and listened to, yes: "The fund combined multiple uncorrelated return strategies that are leveraged appropriately to maximize returns, while lowering risk." (from CNBC). I think this was a novel approach at the time, finetuning those gains specifically due to lack of correlation, further to specific assets within each class. Side-note, cool asset coorelation (or lack thereof) map: https://www.guggenheiminvestments.com/mutual-funds/resources/interactive-tools/asset-class-correlation-map https://www.guggenheiminvestments.com/mutual-funds/resources...
- Galanwe 4y agoTo be fair, there really is nothing exceptional in this particular sentence. It's basically just a textual explanation of Markowitz optimization, known since the 50s. To me it's as interesting as a trader telling you his secret is "to buy low and sell high".
- smabie 4y agoA couple sentence explanation of every trading strategy always seems obvious and trivial. Devil is always in the details.