Once the domain of the very rich and institutional investors—now available Once the domain of the ultra high-net-worth and institutional investors, a growing number of retail investors are achieving similar levels of risk minimisation by tapping into the low or zero correlation strategies adopted by market-neutral funds. Much of the success of market-neutral funds says […]
Phillip Boustridge
Competition in market-neutral space to intensify: Pengana
Investors want low exposure to market movements Pengana Market Neutral Fund is careful not to have too many large bank shares or resources stocks which throw overall market performance out of whack …… limits each stock position to 3.5% Given investor dislike for volatility that drives equities up or down 20 to 40%, alternatives like […]
Starting with a position on risk and then build the portfolio
1. Start with a position of risk (how much risk?) 2. Build the portfolio around that risk level 3. Purest form of stock selection because it strips out all systematic risk says Pengana Market-Neutral’s Phillip Boustridge “After five years of solid performance, retail investors are now recognising what family office and high-net-worth counterparts have […]