With the freedom to sell short, an investor can benefit from stocks with negative expected returns as well as from those with positive expected returns. The authors explain that the benefits of combining short positions with long positions in a portfolio context, however, depend critically on the...
Jacob B I,Levy K N,Starer D."Long-Short Portfolio Management:an Integrated Approach". Journal of Portfolio Management . 1999Jacobs, B.I., K.N. Levy, and D. Starer. 1999. Long-short portfolio management: an integrated approach. Journal of Portfolio Management. 25: 23-32...
exchange.Theresultsseemtobeapplicableand showanadditionaladvantageoflowsystematicrisk. Key-Words:Portfoliomanagement,hedgefunds,long-short-strategy,mixedintegerlinear optimization,statisticalarbitrage,single-index-model,beta-factor,meanreversion 1.Introduction Besidesactiveandpassiveportfoliomanagement,inrecentyears...
Long-Short Portfolio 来自 EconPapers 喜欢 0 阅读量: 216 作者: L Schubert 摘要: ELong-short strategies are one of the most successful tools, applied by hedge funds manager. One under-evaluated stock is bought (long position) and an over-evaluated stock is sold (short position) at the same ...
Long–short/market-neutral portfolios can offer a higher return in a more efficient fashion than traditional active management, but they are difficult to create. Managers must not only follow the unwritten "rules," such as limiting leverage to a maximum of 2:1 and diversifying holdings across th...
5. longshort基金是一种专门实施longshort策略的投资基金。 - Longshort funds are investment funds specifically designed to implement longshort strategies.(长短基金是专门用于实施长短策略的投资基金。) 6. 这个投资组合采用了longshort策略来平衡风险和回报。 - This investment portfolio employs a longshort strat...
Access comprehensive information on the L1 Long Short Fund Limited (ASX:LSF), including share price, fund reports, performance & dividend reinvestment details
Carly Wilson, Managing Director, is a member of BlackRock's Global Credit Platform. She is a portfolio manager for the platform's bank loan strategies and global long/short credit strategies. Read More Read the Team's Commentary Literature ...
short individual stocks, and may use cash or equity market indices to broadly hedge their portfolios. Other managers who are actively shorting individual equities may do so in a couple of ways: pair trades that directly hedge a portion of the portfolio, or alpha shorts where their main ...
Understanding Long/Short Funds Long/short funds aim to boost returns by investing in specific markets and employing both long and short positions. Due to theactive management, expertise, and analysis required, these funds typically have higher expense ratios. As of 2024, the average expense ratio ...