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Notices
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Richard (not verified)
8th June 2020 | 11:04am

Peter, Can you provide evidence of “volatility dampening” (apart from that associated with return-smoothing or reduced beta) brought about by the use of alternative investments for a large sample of institutional funds? That is the subject of my post, and I dare say one of greater interest to readers of this blog than a debate of the pros and cons of normal vs. lognormal distributions in the analysis of returns.