DBi创始人Beer：管理期货策略或比债券更有优势
'Dead money’ for a decade: Why this hedge fund approach may deliver an advantage over bonds
Pengasas bersama DBi Andrew Beer berkata strategi niaga hadapan terurus mungkin lebih baik daripada bon dalam melindung nilai turun naik saham. ETF Strategi Hadapan Terurus DBi iMGP yang diurusnya meningkat hampir 19% setakat tahun ini. Strategi ini boleh pergi ke pasaran global panjang dan pendek dan menunjukkan prestasi yang lebih baik semasa tempoh turun naik. Nate Geraci dari NovaDius mengingatkan bahawa bon masih memainkan peranan dalam mempelbagaikan pelaburan dan ETF niaga hadapan terurus juga mungkin mengalami fasa prestasi yang kurang baik.
Managed futures strategies perform better during periods of volatility. If used by more investors to hedge stock fluctuations, it may divert some of the allocation demand for traditional bonds and gold and other safe-haven assets. The hedging pricing logic of gold and the U.S. dollar in risk events deserves re-examination. Traders can pay attention to the linkage between changes in the scale of such strategies and the gold and foreign exchange markets, but they also need to be aware that the strategy itself has the risk of periodic poor performance.
原文将管理期货策略与传统债券在60/40组合中的作用进行对比，并给出DBMF年初至今近19%的涨幅作为实际参照。
来源：CNBC Top News · cnbc.com