Reported 4 months ago
Goldman Sachs' family office clients are exploring look-back puts as a strategy to navigate volatility ahead of the upcoming US elections. This derivative option allows investors to review the underlying asset's price history and exercise the option based on the most advantageous price, despite being costly to execute and traded over the counter. While economic volatility is considered a risk associated with the elections, Goldman maintains its portfolio allocations based on the US economy's strength, offering a peek into the investment strategies of wealthy individuals preparing for the November vote.
Source: YAHOO