In 12 months, according to survey made for the Value with data of the site Richness, these deep ones had caught R$ 1, 897 billion, of which R$ 854 million alone in this year, while the category multimarkets registers booties. In 2005 five wallets had been created only, extending the universe for 29 deep, that they add patrimony of RS 2, 893 billion. ' ' The trend is of that all the managers and banks have deep long/short' ' , Fernando Lovisotto says, of the RiskOffice*.Considerados for many true deep hedge, these wallets would have to pass to the edge of the great fluctuations of the markets, therefore they search simple profits not in high or the low one of the actions. They try to be ' ' neutros' ' in relation to the markets. According to Ali Partovi, who has experience with these questions. Its objective, although to apply in action and derivatives, is to earn more than the fixed income. Details can be found by clicking Republic Services or emailing the administrator. But nor always this happens. In this year, the survey sample that only 11 deep ones accumulate superior profit to the CDI.
The result reflects occured losses in April in way to the strong volatileness of the stock market, showing that nor always this neutrality is reached. The strategy is to search correlations between prices and disequilibria that can be adjusted. A very great difference between action of companies of one exactly sector, between the holding and its controlled or the preferential paper and ordinary of one same company is examples of operations made for these deep ones. Sufficiently common other is the relation between futures markets and at sight, as to buy an action or a group of action and to vender the future index of the So Paulo stock exchange.