Quick Takes

What Is Convexity Tail Hedging?

As discussed in our November Market Perspective, an increased frequency of low multi-year annualized returns and large drawdowns has reduced the effectiveness of long-term fixed income …

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Is Low Volatility Low Risk?

Increased volatility in 2020 associated with COVID-19 caused the standard deviation of the S&P 500® Low Volatility Total Return Index1 (the SPLVI) to climb to a higher …

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An “All Clear” Signal?

Does the equity market’s strong rally from its low point in March 2020 signal that the worst of the economic damage and equity market carnage …

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An Update on the Volatility Risk Premium (VRP)

Our April Market Perspective focused on how the Volatility Risk Premium (VRP) has changed over time and noted that its first quarter of 2020 inversion reached record-setting …

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Should Election Year Volatility Concern Investors?

Presidential election years typically involve uncertainty, but should investors expect more or less than average equity market volatility in election years? While there is a …

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