Hi Brave Ones,
Does hedge fund strategy EQUITY MARKET-NEUTRAL need also to have a net investment ($) position of zero or is sufficient to have a zero systematic market exposure?
This links with HEDGED EQUITY. Does this strategy also relies in the value of the net position in terms of ($) or is only driven by net short or net long the systematic market exposure?
many thanks and I hope that your preparation is going as well as possible.