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7+ YearsPublisher | John Wiley & Sons Inc |
ISBN 13 | 9781119219088 |
ISBN 10 | 1119219086 |
Book Subtitle | Strategies for Profiting after a Market Sell-Off |
Book Description | Cut risk and generate profit even after the market drops The Second Leg Down offers practical approaches to profiting after a market event. Written by a specialist in global macro, volatility and hedging overlay strategies, this book provides in-depth insight into surviving in a volatile environment. Historical back tests and scenario diagrams illustrate a variety of strategies for offsetting portfolio risks with after-the-fact options hedging, and the discussion explores how a mixture of trend following and contrarian futures strategies can be beneficial. Without a rational analysis-based approach, investors often find themselves having to cut risk and buy protection just as options are at their most over-priced. This book provides practical strategies, expert analysis and the knowledge base to assist you in recovering your portfolio. Hedging strategies are often presented as expensive and unnecessary, especially during a bull market. When equity indices and other unstable assets drop, they find themselves stuck hedging is now at its most expensive, but it is imperative to hedge or face liquidation. This book shows you how to salvage the situation, with strategies backed by expert analysis. * Identify the right hedges during high volatility * Generate attractive risk-adjusted returns * Learn new strategies for offsetting risk * Know your options for when losses have already occurred Imagine this scenario: you've incurred significant losses, you're approaching risk limits, you must cut risk immediately, yet slashing positions would damage the portfolio what do you do? The Second Leg Down is your emergency hotline, with practical strategies for dire conditions. |
About the Author | HARI P. KRISHNAN, PD, is a fund manager at Cross-Border Capital, where he runs systematic macro and volatility strategies. Cross-Border is a London-based hedge fund with roughly US$300 million in assets. He previously managed a CTA for a London-based asset management boutique, and he was an executive director and co-head of alternative asset allocation at Morgan Stanley (Chicago and London). In addition, Dr. Krishnan has worked as an options trading strategist and as a senior economist at the Chicago Board of Trade. He received a PhD in applied math from Brown University, and he was a post-doctoral research scientist at the Columbia Earth Institute, Columbia University, before moving into finance. |
Language | English |
Author | Hari P. Krishnan |
Edition Number | 1 |
Publication Date | 10-Apr-17 |
Number of Pages | 208 |
The Second Leg Down Hardcover English by Hari P. Krishnan - 10-Apr-17