Adventure capital returns to direct indexing
The next surge of acquisitions will be of the long/short variety
What I’m reading…
AQR: A Brief Guide to Pricing and Taxation of Variable Prepaid Forwards
Ropes & Gray: Overview of ETF Share Class Operational Issues
Parametric: Potential Pitfalls of Loss Harvesting During High Volatility
Bloomberg/Scott Welch (2001): Having Your Cake, and Hedging it, Too (A discussion of Variable Prepaid Forward Contracts)