Three financial experts will discuss the topic ‘Options for Managing Risk and Yield in a Low Interest-rate Environment’ at a panel discussion to be held from 5:00 p.m. to 6:30 p.m. on Tuesday, October 2nd on the fourth floor of the Chicago Board Options Exchange (CBOE), 400 South LaSalle Street, Chicago.
The three panelists will be:
(1) Mr. John Gambla, CFA, FRM, PRM, a Senior Portfolio Manager for the Alternatives and Active Equity Investment Team at First Trust Advisors L.P. John is a portfolio manager for the new First Trust CBOE S&P 500 VIX Tail Hedge Fund (VIXH). First Trust Advisors, L.P. is headquartered in Wheaton, IL and has approximately $56 billion assets under management or supervision as of July 31, 2012.
(2) Mr. Scott Maidel, CFA, CAIA, FRM, senior portfolio manager in the equity derivatives group for Russell Investments and co-portfolio manager of the new Russell Strategic Call Overwriting Fund. Russell Investments has more than $150 billion in assets under management and is headquartered in Seattle, WA.
(3) Mr. Edward McRedmond, Senior VP – Institutional & Portfolio Strategies, Invesco PowerShares, a firm headquartered in Wheaton, IL with franchise assets of over $65 billion that offers more than 140 ETFs, including the PowerShares S&P 500 BuyWrite Portfolio (PBP) and PowerShares S&P 500 Low Volatility Portfolio (SPLV).
Admission is $10 in advance (or $15 at the door) with snacks and drinks provided.
Please RSVP via
by Friday, September 28th, 2012.
A press release with more information is at —
The meeting is jointly sponsored by Chicago QWAFAFEW and Chicago PRMIA.
Mr. Gambla will provide an analysis of the CBOE VIX Tail Hedge Index (VXTH) www.cboe.com/VXTH
Below is a chart from a paper by Asset Consulting Group entitled “Key Tools for Hedging and Tail Risk Management” (February 2012) http://bit.ly/TailRskACG
The chart shows the changes for three indexes — the VXTH Index, S&P 500 Index, and CBOE S&P 500 95-110 Collar Index (CLL).
For more information on indexes and studies, please visit www.cboe.com/benchmarks