hedge a portfolio
21Clarium Capital — Type Private Industry Investment management Founded San Francisco, California, United States (2002 (2002) …
22Side Pocket — A type of account used in hedge funds to separate illiquid assets from other more liquid investments. Once an investment enters a side pocket account, only the present participants in the hedge fund will be entitled to a share of it. Future… …
23Credit default swap index — A credit default swap index is a credit derivative used to hedge credit risk or to take a position on a basket of credit entities. Unlike a credit default swap, which is an over the counter credit derivative, a credit default swap index is a… …
24David Darst — David Martin Darst, CFA, is an American financier, educator, and author. He is a Managing Director and Chief Investment Strategist of Morgan Stanley Smith Barney and serves as Vice Chairman of the MSSB Global Investment Committee. He has… …
25Expiration Cycle — The calendar cycle of expiration months that is assigned to basic exchange traded stock options. With a few exceptions (some options will have contracts in every month), most equity options are set up to trade with expiration months in one of the …
26index futures — are based on the projected movement of a share price index, such as the FTSE 100. London Stock Exchange Glossary * * * index futures index futures ➔ futures * * * index futures UK US noun [plural] FINANCE ► futures (= agreements to buy or sell… …
27Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
28Cliff Asness — Clifford Asness Born October 1, 1966 (1966 10 01) (age 45) Queens, New York Fields Mathematical Finance …
29Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
30Delta neutral — In finance, delta neutral describes a portfolio of related financial securities, in which the portfolio value remains unchanged due to small changes in the value of the underlying security. Such a portfolio typically contains options and their… …
