Research - An Empirical Codex of Alternative Markets

A working compendium of definitions, formulas, and observed mechanics across alternative assets, options, volatility, derivatives and systematic strategies. Curated by EC Assets Research.

Topic guides

Options & Derivatives - A practitioner's guide to options and derivatives: pricing, the Greeks, spreads and structures - every entry…
Volatility - Implied and realised volatility, the VIX family, the volatility risk premium, skew, variance swaps and…
Macro & Multi-Asset - Rates, inflation, currencies and cross-asset mechanics - the macro concepts that drive portfolio outcomes…
Performance Measurement - Sharpe, Sortino, alpha, drawdown statistics and the other measures by which investment performance is judged…
Risk Management - Value-at-Risk, expected shortfall, stress testing and position sizing - how institutional portfolios define…
Hedge Funds & Alternative Strategies - Hedge fund strategies, fee structures, due diligence and the mechanics of alternative investment vehicles -…
Portfolio Construction - Optimisation, constraints, position sizing and rebalancing - how institutional portfolios are built, with…
Fund Structure - Vehicles, domiciles, share classes and master-feeder arrangements - the legal architecture of investment…
Fund Operations - NAV, administration, custody, audit and valuation - the operational machinery behind a fund's reported…
Asset Allocation - Strategic and tactical asset allocation, regime-based approaches and the frameworks institutions use to turn…