RT Journal Article SR Electronic T1 Analyzing Alternative Hedging Strategies JF The Journal of Wealth Management FD Institutional Investor Journals SP 8 OP 17 DO 10.3905/jwm.2003.320469 VO 6 IS 1 A1 Scott Welch YR 2003 UL https://pm-research.com/content/6/1/8.abstract AB The author starts by suggesting that, for investors who remain bullish about the future performance of their stock holding, but who also recognize the need for increased diversification, hedging is a viable alternative. He suggests that the primary hedging techniques involve the use of equity collars or variable prepaid forwards. Arguing that variable prepaid forwards are a superior approach, the author turns to the question of determining which particular VPF strategy is best for a given investor situation. The article presents an analytical framework for comparing alternative variable prepaid forward hedging strategies, and lays out a process for determining which strategy is best, given the investor's goals and objectives.