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by fl0ps
1217 days ago
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Not a finance guy, but from what I read and listened to, yes: "The fund combined multiple uncorrelated return strategies that are leveraged appropriately to maximize returns, while lowering risk." (from CNBC). I think this was a novel approach at the time, finetuning those gains specifically due to lack of correlation, further to specific assets within each class. Side-note, cool asset coorelation (or lack thereof) map: https://www.guggenheiminvestments.com/mutual-funds/resources... |
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It's basically just a textual explanation of Markowitz optimization, known since the 50s.
To me it's as interesting as a trader telling you his secret is "to buy low and sell high".