### Comment:
Thanks for the positive affirmation, but they are a private investment adviser, so no puts would be directly available. 
  
 &amp;#x200B; 
  
 They do run a SICAV vehicle however: 
  
  [https://www.bloomberg.com/quote/POUSEIU:LX](https://www.bloomberg.com/quote/POUSEIU:LX)  
  
 &amp;#x200B; 
  
 I don't know if there's a way to short that.

### REPLY:
A naked credit default swap? I don't know how you can get anyone or any institution to do it with you, though. 
  
 Also, a bad reputation or a scandal doesn't necessitate a drop in the the fund's value.

### END.