Apollo Financial Results: Impact of Derivatives on Profitability
Thursday, 1 August 2024, 17:45
Apollo's Profit Outlook
Apollo has recently faced challenges as its profits declined due to the use of derivatives designed to guard against rate risk.
The Impact of Derivatives
The strategy to utilize derivatives for risk management has not achieved the expected results, leading to lower returns than anticipated.
Conclusion
Moving forward, analysts believe that Apollo must reconsider its strategies to ensure profitability doesn’t suffer further amidst changing market conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.