Hedging Systematic Risk in High Yield Portfolios with a Synthetic Overlay: A Comparative Analysis of Equity Instruments vs. Credit Default Swaps
Arik Ben Dor and Jingling Guan
The Journal of Fixed Income Spring 2017, 26 (4) 5-24; DOI: https://doi.org/10.3905/jfi.2017.26.4.005
Arik Ben Dor
is a managing director in the Quantitative Portfolio Strategy Group at Barclays in New York, NY.
Jingling Guan
is a vice president in the Quantitative Portfolio Strategy Group at Barclays in New York, NY.
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Hedging Systematic Risk in High Yield Portfolios with a Synthetic Overlay: A Comparative Analysis of Equity Instruments vs. Credit Default Swaps
Arik Ben Dor, Jingling Guan
The Journal of Fixed Income Mar 2017, 26 (4) 5-24; DOI: 10.3905/jfi.2017.26.4.005