Abstract
This paper shows that the short-sellers classification can shield a traditional investment portfolio against broad stock market declines. During the bull market of the 1990s the short-sellers strategy was crushed and a handful of remaining surviving funds managed to weather the storm. Short-sellers re-emerged at the start of the new millennium and have performed well compared to stock and bond market indices as well as to other hedge fund strategies. The conclusion is that the short-sellers strategy is a necessity in pension fund and institutional portfolios to protect investors from declining markets and should not be neglected.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
