Investors Tap Aussies Equity Puts As Macro Fiscal Cliff Hedge

20 Dec 2012

Investors are buying puts on the S&P/ASX 200 index as a macro tail-risk hedge on U.S. fiscal cliff concerns and as a downside hedge against a possible economic slowdown in Australia.

Investors are buying puts on the S&P/ASX 200 index as a macro tail-risk hedge on U.S. fiscal cliff concerns and as a downside hedge against a possible economic slowdown in Australia.

Keith Law, strategist at UBS in Hong Kong, told DI there has been significant put buying globally ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options