Managed futures (RYMFX) and gold (GLD) are the exceptions among alternative asset classes in that they have a positive return over the past year. Most alternative asset classes have collapsed with the stock market. Merger arbitrage (MERFX) has experienced a modest loss while long-only commodities (DBC), S&P 500 buy write (BEP), and carry trade (DBV) have generated large losses.
Sunday, December 21, 2008
Alternate Asset Classes
Managed futures (RYMFX) and gold (GLD) are the exceptions among alternative asset classes in that they have a positive return over the past year. Most alternative asset classes have collapsed with the stock market. Merger arbitrage (MERFX) has experienced a modest loss while long-only commodities (DBC), S&P 500 buy write (BEP), and carry trade (DBV) have generated large losses.
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