But could hedge fund cloning create systemic risk?
What, by having to trade options on the S&P and Treasury futures? The clones I've seen are minimally-disguised directional bets on the markets -- just as many of the funds themselves work out to be, thanks in part to the overall efficiency of our markets.
Entry: Attack Of The Clones
posted by WaltFrench
Mar 11, 2008 3:56PM
But could hedge fund cloning create systemic risk?
What, by having to trade options on the S&P and Treasury futures? The clones I've seen are minimally-disguised directional bets on the markets -- just as many of the funds themselves work out to be, thanks in part to the overall efficiency of our markets.