«These business models essentially
trade on the attractiveness of annuity revenue and annuity economics,» Burkhart says.
Not exact matches
In summary, available evidence
on attractiveness of currency carry
trade ETF / ETNs is largely negative.
The liquidity - taking strategies, however, do not fare as well
on a
trade - cost - adjusted basis: both the large - cap and small - cap momentum strategies and the large - cap illiquidity strategy lose their
attractiveness.