Epstein Secrets

ategy up to —4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Andrew King Sent: 10/17/2017 12:24:31 PM To: Paul Barrett CC: Stewart Oldfield Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy Paul, You're right that the returns have been around 70bps since Dec 2013. Howeve

ategy up to —4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Vahe Stepanian Sent: 2/22/2018 4:09:09 PM To: Stewart Oldfield 1; Andrew King (la CC: Martin Zeman Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy II] Classification: For internal use only

ategy up to —4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Andrew King Sent: 2/7/2018 11:55:49 AM To: Stewart Oldfield CC: Martin Zeman ; Vahe Stepanian Subject RE: DB - Harvest Collateral Yield Enhancement Strategy Great news — thanks Stew. I've confirmed with

tegy up to - 4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

ccount. Hoping we can all work together to get this done. Thanks From: Andrew King Sent: Tuesday, October 17, 2017 12:25 PM To: Paul Barrett Cc: Stewart Oldfield Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy Paul, You're right that the returns have been around 70bps since Dec 2013. However

ategy up to 'Mx on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Stewart Oldfield Sent: 1/26/2018 1:52:55 PM To: Andrew King Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy Did anything happen with this? Than

ategy up to —4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Stewart Oldfield Sent: 1/29/2018 5:39:59 PM To: Paul Barrett CC: Andrew King BCC: Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy Paul, Giv

ategy up to -4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Andrew King Sent: 10/18/2017 11:17:1O AM To: Paul Barrett CC: Stewart Oldfield Subject RE: DB - Harvest Collateral Yield Enhancement Strategy Good morning Paul — please let me know when would work best to speak today. From:

ategy up to -4x on a given amount of collateral. Of course, this would increase the potential return and risk, but would also maintain the favorable Sharpe ratio and low correlation to equities. As an example, on a given amount of collateral, 3x exposure would result in 210bps of incremental return over

From: Stewart Oldfield Sent: 2/5/2018 3:16/1 To: Paul Barrett BCC: Subject: RE: DB - Harvest Collateral Yield Enhancement Strategy This is quite a few days we've be