Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for March 2016

‘Shorting, Squeezing and Drawdowns’

We short to reduce market risk but in doing so take on a different kind of risk. Our short book is what gives our equity long/short Absolute Return product its non-correlation to risk assets: its ability to make (and lose) money in all market environments and the possibility of generating market beating returns with lower than market volatility. In periods of market drawdown the existence of the short book has protected the assets of the fund (see Figure 1. Argonaut Absolute Return drawdown analysis…