
Volatility as an Asset Class: Incorporating VIX-Linked Products Into Portfolio Design
Volatility was treated as a problem to be managed, minimized, or hedged. But in today’s complex environment, something has changed. From sophisticated hedge funds to tactical retail investors, more portfolios are using volatility, specifically VIX-linked products, as a tool for diversification, hedging, and directional exposure. In this article, we’ll explore what it means to treat…