As the pump and dump continues, here is a partial (?) list of hedging alternatives for equity exposure. Thinking non-derivatives, your choices broadly are: a) some kind of bond fund; b) some kind of volatility ETF; c) some kind of inverse or 2x or 3x ETF; d) acurious ETN from Barclays that I came across, that does some kind of dynamic allocation between stocks, bonds and cash (here). Once you throw derivatives into the mix your choices are: a) index futures, we already saw these along with the tracking error and’ b) index options that we are beginning to explore.
And a Bloomberg update on Monte Paschi of Siena who is expected to report a € 760 million loss this week (here).