Topic
Alpha Indexes
About: Alpha Indexes is a research topic. Over the lifetime, 2 publications have been published within this topic receiving 1 citations.
Papers
TL;DR: In this article, the authors introduce a suite of relative performance indexes and index derivatives that offer new and attractive payoff structures, and demonstrate a variety of ways in which these products can provide a more efficient and cost-effective means of realizing investment objectives than can traditional futures and option markets.
Abstract: Relative performance is central to investment management, and yet relative performance securities do not trade directly. Complex trading strategies must be devised to capture relative gains. The authors introduce a suite of relative performance indexes and index derivatives that offer new and attractive payoff structures. They demonstrate a variety of ways in which these products can provide a more efficient and cost-effective means of realizing investment objectives than can traditional futures and option markets.
1 citations
TL;DR: This paper introduced a suite of relative performance indexes and index derivatives that offer new and attractive payoff structures and illustrate a variety of ways in which the products can provide a more efficient and cost-effective means of realizing investment objectives than can traditional futures and options markets.
Abstract: Relative performance is central to investment management and yet relative performance securities do not trade directly. Complex trading strategies must be devised to capture relative gains. This paper introduces a suite of relative performance indexes and index derivatives that offer new and attractive payoff structures. We illustrate a variety of ways in which the products can provide a more efficient and cost-effective means of realizing investment objectives than can traditional futures and options markets.
Performance Metrics
| Year | Papers |
|---|---|
| 2011 | 2 |