Article by: Robert Huebscher
Published by: Advisor Perspectives
Date: 3 Feb 2009
“The concept of volatility as an asset class is the latest result of the never-ending
quest to create products for consumption by the investor community. But while
volatility might serve a useful purpose as a measure of investor sentiment, it is
only a true asset class for the marketing purposes of Wall Street’s financial
engineers.
“Examples of efforts to characterize volatility as an asset class include research
from Credit Suisse and a recent white paper from Standard and Poor’s.”
Full article: Link