Comment Text:
Kalshi markets on election related contracts would be a great help for funds like ours to hedge. We are focused on investing in conventional and emerging energy and mining companies and US elections can have significant implications for policy actions that can impact our companies.
While there are overseas sites that offer such options, they don’t have the type of oversight (and hence investor confidence and liquidity) that funds like ours need. So we have to resort to using blunter instruments like sector indices to hedge our risks, whereas an election related contract would allow us to more directly hedge electoral outcomes.