Is long/short better than long only in tactical asset allocation? A hands-on experiment

Posted on 09. Apr, 2015 by Jean Jacques Ohana in Weekly Focus

April 9, 2015

Some investors and customers ask us why we have designed a long only tactical asset allocation model in Riskelia Fund.

The typical remark is: “If you can successfully hedge the portfolio against market downturn, why not simply short the market?” This statement seems obvious as a long/short investment process is often perceived as more [...]