This chart is from Pivot Capital Management’s recent shareholder letter (I will be posting more in the near future).
Just a very interesting chart. for now:
A decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More