To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
Swap it, don't sell it
The total return swap has been used across a host of asset classes, letting one party secure stable returns whilst the other can acquire exposure to volatile but possibly far superior returns. Could it be done in private equity? To a growing number of advisers, the answer is yes.
