| Greg McMurran -
Analytic Investors
|
An Expert Looks at His Options.

Greg McMurran
Chief Investment Officer
Analytic Investors
Los Angeles, CA
[$1.5 billion in assets]
Greg
McMurran is no stranger to options. His Firm, Analytic Investors, is a pioneer in U.S. and global tactical asset
allocation, quantitive equity and volatiltiy arbitrage strategies.
"We manage more than $1.5 billion in assets for mutual funds,
pension funds, trust companies, foundations, endowments and individual
investors," he says. "Our performance results comprise the
longest continuous published track record for option-enhanced strategies
within the investment management community." McMurran emphasizes
that his strategies are driven entirely by objective, quantitative
models. There's no allowance for subjective biases in the decision
making process.
"We use options to control risk and
improve risk-adjusted returns. The new options on the Dow Jones
Industrial Averagesm will help us manage exposure in our large-cap
equity portfolios by enabling us to purchase protective puts on the most
visible index there is. To the average investor, the equity market is
The Dowsm.
Protection for Downside Risk
"Options
are an extremely efficient tool," says McMurran. "Since their
inception, we've used hundreds of listed option products for risk
management purposes." When institutional clients want to protect
against large amounts of equity risk, there's no tool like options. They
enable you to target return expectations by effectively managing downside
risk.
Opening New Doors of Opportunity
With
Options on the Dow Jones Industrial Averagesm, traded exclusively at The
Chicago Board Options Exchange (CBOE), you can put to work your
knowledge of the most reported, analyzed and forecasted index in the
world. Plus, The CBOE has a complete line of other major index options.
McMurran states, "Among The CBOE products we use are options on the
S&P 500® (SPX), S&P 100® (OEX), Russell 2000® (RUT),
Nasdaq 100® (NDX) and on individual equities." In fact, 92% of
all index options trades on U.S. exchanges take place at The CBOE, the
world's largest options market.
Options involve risk and are not suitable for all
investors. Prior to buying or selling an option, a person must receive a copy
of Characteristics and Risks of Standardized
Options (ODD). Copies of the ODD are available from your broker, by
calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North
Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this
website is provided solely for general education and information purposes and
therefore should not be considered complete, precise, or current. Many of the
matters discussed are subject to detailed rules, regulations, and statutory
provisions which should be referred to for additional detail and are subject to
changes that may not be reflected in the website information. No statement
within the website should be construed as a recommendation to buy or sell a
security or to provide investment advice. The inclusion of non-CBOE
advertisements on the website should not be construed as an endorsement or an
indication of the value of any product, service, or website. The
Terms and Conditions govern use of this website and use of this website
will be deemed acceptance of those Terms and Conditions.
3rd party Adverstisement