Derivatives Are Replacing Bonds as Some Fund Managers’ New Hedge
Neil Azous, Founder and Chief Investment Officer of Rareview Capital was quoted several times in this featured story from Bloomberg.
“In no way, shape, or form should options-based strategies alone be seen as acting as a ballast in a portfolio to balance the risk profile,” said Neil Azous, founder and chief investment officer of Rareview Capital in Las Vegas. Besides being risky and hard to execute, he says, derivatives fail to provide guaranteed income and “are just one of many possible solutions, none of which is a be-all-end-all.”