As the market came off, AEGIS and its clients quickly reviewed their hedge books from one screen, considered production areas, and discussed crystallizing hedges, paying down debt, and shutting in production.
A fixed-base operator (FBO) in private aviation wanted to take advantage of historically low jet fuel prices. AEGIS worked with the FBO to purchase calls based on projected jet fuel sales, locking in margins and projected cash flow.
An oil & gas client grew tired of trying to time the market. AEGIS worked with them to develop a clear and flexible hedge policy. The policies provide sufficient latitude to capitalize on additional market opportunities while protecting returns.
Rates and the USD Decline on Continued Dovish Fed Views, While Equities Reach New Record Highs
U.S. Treasury yields and interest rate swap levels declined across the yield curve and the U.S. dollar sank this week as Federal Reserve Chairman Jerome Powell said the American economic recovery remains…