Refine Search

Search Results

3 results found.

Protecting Portfolio Value: Constant Proportion Portfolio Insurance Versus Tail Risk Hedging
by Michael Connor, John Henning Fock of PIMCO, 9/27/17

Tail risk hedging seeks to protect gains without loss of upside equity potential.

Time to Tend Your Hedges?
by Michael Connor of PIMCO, 7/7/17

Equity market peaks (and troughs) are impossible to identify in advance. But this doesn’t mean that equity investments should simply be “set it and forget it.”

Is Timing Everything? Practical Implementation of Tail Risk Hedging??
by Michael Connor, Markus Aakko of PIMCO, 7/22/14
Just in time hedging is nearly impossible: By the time an investor decides to hedge, the market may already price in the significant risk of a tail event. Instead, hedges could be included as a permanent part of an asset allocation: what we might call just in case hedging. An optimal strategy may involve averaging into a hedging allocation. In addition, using a broader set of hedge instruments may help lower the costs. We believe that tail risk hedges have a place in any portfolio that has a substantial allocation to risk assets. ?
3 results found.