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Portfolio Insurance

A type of capital protection product that has no cap placed on its performance, while typically offering synthetic participation in...

MVF

It stands for minimum variance frontier; a depiction of various combinations of risky assets for a portfolio construction, each with...

Minimum Variance Frontier

A depiction of various combinations of risky assets for a portfolio construction, each with its specific risk-return characteristics. These characteristics...

Endogenous Portfolio

A portfolio whose composition is endogenously determined. In other words, an endogenous portfolio is constructed from components handpicked and selected...

Delta-Neutral Portfolio

A portfolio (of assets) whose delta is zero, making it insensitive to small changes in the prices of its assets....

Closet Indexing

An portfolio strategy in which a investor or investment manager constructs a widely diversified portfolio of securities that mimics, closely...

Hands-Off Investor

An investor who takes a passive role in the management of the company in which he has a large stake…

Hands-On Investor

An investor who takes an active role in the management of the company in which he has a large stake…

DPS

An abbreviation for dynamic portfolio swap; a credit portfolio derivative, specifically a portfolio default swap in which the protection buyer may…

Delta Hedging

A hedging technique which aims to make the price of a set (or portfolio) of derivatives immune to small movements in…