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Goldman On Bond-like Investments "Without Rate Risk", But….

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Mark Melin
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It sounds like a can’t miss offer an investor might find coming from the mouth of an unregistered pitchman touting questionable investments: “ Income without rate risk ,” is part of a headline in a new option report. But Goldman Sachs options research team of John Marshall, Katherine Fogertey, Vishal Vivek and Arun Prakash think they can deliver bond-like income without rate risk. Spoiler alert: it involves derivatives, a short volatility put strategy and no bonds.

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income without rate risk

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.