Insights

Portfolio rebalancing is one of the most consistently overlooked drivers of long-term portfolio resilience. While asset allocation gets the strategic spotlight, it’s rebalancing that ensures portfolios stay aligned with their intended risk ...

Insurance‑Linked Securities (ILS) let capital‑markets investors shoulder insurance risk — most visibly through catastrophe (“cat”) bonds. In a cat bond, investors collect a floating coupon until a contractually defined disaster (for ...

The most sophisticated trading firms in the world built their reputations on precision, discipline, and managing risk down to the millisecond. So when India's securities regulator freezes over half a billion dollars and accuses one of ...

Severe market shocks—the far-left tails of the return distribution—threaten not only short-term performance but the long-run compounding of institutional portfolios. Traditionally, allocators treated tail-risk protection as a grudging cost ...

We are pleased to announce the appointment of Dr. Michael Bull as Senior Advisor to Resonanz Capital. With over 35 years of experience in global markets, macroeconomics, quantitative strategies, derivatives, and multi-asset portfolio ...

Two playbooks for hedge-fund alpha Over the past five years multi-strategy “pod shops” have pulled decisively ahead in assets, performance consistency and, critically, their ability to add investment franchises overnight. At the center of ...

In 2025, Environmental, Social, and Governance (ESG) criteria have vaulted from niche concern to mainstream portfolio driver. Global ESG assets are on track to exceed $50 trillion by 2025 – more than one-third of total managed assets. Over ...

In March 2020 the “dash-for-cash” blew up what had been a sleepy arbitrage: hedge funds who were long Treasury bonds, short the matching futures and levered 50-to-1 within the strategy via cheap repo suddenly faced margin calls and ...

Convertible-bond arbitrage—once a star strategy in the early 2000s—is suddenly everywhere again. Over the past few months my inbox has filled with meeting requests from convert-arb specialists, and their desks are once more the busiest ...