I bought corporate bonds and all I got was this stupid currency exposure
Currency hedging has become a hot topic. ETFs offering currency-hedged equity exposure have exploded in popularity. But what about currency hedged bonds?
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What happened to rising rates?
Rising rates seemed so imminent. What happened? And what do current federal fund rate futures say about when rates may rise in the future?
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The Search for Crisis Alpha: Weathering the Storm Using Relative Momentum
2nd place paper in the 2015 NAAIM Wagner Award competition exploring the use of relative momentum on U.S. Treasury investments to increase crisis alpha
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Momentum AND Diversification: A powerful risk-adjusted combination
3rd place winner of the 2015 NAAIM Wagner Award investigating risk-adjusted returns generated by combining momentum and diversification
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Can you avoid rising rates with high carry assets?
First: the takeaways Expected return for an asset class is
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Bonds may be boring, but that doesn’t mean they aren’t risky
A PDF version of this commentary can be downloadedΒ here. Market
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