We’re pleased to see finews.ch: Top-Meldungen cover how Progressive Capital Partners Ltd. is expanding its long volatility platform and launching two new institutional vehicles in response to a structural shift in markets.
The article underscores a key post-2022 reality: equity and bond correlations remain elevated. Assets that historically moved in opposite directions are now moving together, weakening traditional diversification and challenging the foundations of the classic 60/40 portfolio.
As Daniel Germann, Head of Liquid Alternatives at Progressive Capital Partners, explains: “Many volatilities across equities and currencies are currently trading in the lowest 10–25% of their 20-year historical range. Even more attractive are various credit market-related spreads as well as equities’ value-versus-growth spreads, which are trading in the most extreme 1–5% of their 20-year range—presenting a compelling entry point to acquire convex portfolio protection at what we consider generationally attractive prices.”