capital protection

How to use the VIX to protect your portfolio

Scott Shuttleworth

Today I wanted to provide some depth on how we use VIX products to manage risk in The Vega Fund portfolio. As far as we know, we’re the first fund in Australia to hedge in this particular fashion and hence some clarity is warranted. It’s not the only tool in... Show More

Too big to fail - Inflating asset prices

Clime Asset Management

Extraordinary monetary stimulus programs, implemented over a sustained period, create real problems for the global financial system. Cracks are starting to show in the form of reduced Defined Benefit pension payouts and an erosion of business and consumer confidence. Investors are essentially forced to take on more risk to generate... Show More

Protecting capital in all market conditions

NAOS Asset Management

Investors commonly measure volatility by looking at both the ‘good’ and ‘bad’ returns, often referred to as the ‘standard deviation’. Investors concerned with the level of risk within their investments need to be aware of the lesser known risk metric of ‘downside deviation’, which ignores the volatility of the ‘good’... Show More

With share-markets coming under pressure I thought it timely to revisit one of our most popular educational articles

James Marlay

With share-markets coming under pressure I thought it timely to revisit one of our most popular educational articles. The article was written by Peter Harper, Chairman of Harper Bernays, who draws on Aesop's well known fable The Hare and The Tortoise. Harper says the lessons learnt from such a fable... Show More