Derek Horstmeyer

Derek Horstmeyer

Bitcoin may not work well as a hedge for equity risk.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Digital gold or fool’s gold: Crypto as a hedge for equity risk

Correlation data raises questions on Bitcoin’s ability to serve as a hedge

Data suggests that it is precisely when fixed income’s diversification benefits are most needed — during a recession — that they are least effective.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Bonds and fixed income: Where’s the hedge?

Bonds and other fixed-income assets are supposed to offer diversification benefits, especially in rough times. But how have they really performed?