- UID
- 218216
- 帖子
- 513
- 主题
- 114
- 注册时间
- 2011-5-26
- 最后登录
- 2012-9-12
|
| Market neutral is relative value as you hedge out the systematic component and pick weaker / stronger ones (eg you are buying bank of America selling citi). Equity long short does not necessarily hedge out systematic risk (beta can be non-zero) so technically you're not making proper relative value trades |
|
发表于 2011-7-13 15:51
|