Resilient Strategies: Tailwinds in Left-Tail Scenarios
In a rapidly changing financial landscape, understanding how to navigate market tail risk is paramount. In a recent…
< 1 min 
Global Macro Primer
INTRODUCTION In the alternative investment industry, few strategies capture the breadth and complexity of global markets quite like…
16 mins
Market Diversification
ABSTRACT Portfolio diversification is one of the most important and sought-after concepts in investing. A properly diversified portfolio…
7 mins
Diversify and Conquer: Enhancing Portfolio Returns through Non-Correlated Strategies
For some investors, it is tempting to construct a portfolio consisting only of high Sharpe, high-performing strategies. However, focusing…
4 mins
Trend-Following Primer
OVERVIEW OF TREND-FOLLOWING With more than $300 billion in assets under management1, trend-following is one of the largest…
10 mins
Building Portfolio Resilience at the Macro Level
Many investors understand the importance of diversification in building a portfolio that is resilient to various market conditions and able to more consistently meet investment objectives over time. Global macro emerged as a notable winner in 2022 amidst a dispersion in results across various alternative investment styles. Has this opportunity passed? When is the right time to allocate to macro?
14 mins
The Benefits of Non-Correlated Alpha
In 2022, 60/40 portfolios suffered as both stocks and bonds sold off and the power of bonds as…
9 mins
The Need for Dynamic Diversification
The market environment during 2022 highlighted many uncertainties and the importance of "expecting the unexpected." Here, we show how…
5 mins
The Whole is Greater than the Sum of the Parts
With thoughtful portfolio construction, investors can potentially achieve significantly better returns at the portfolio level than can be expected…
4 mins
The Trendiness of Markets
ABSTRACT Trend-following strategies seek to profit from sustained directional price moves (trends) in markets. In this analysis, we…
5 mins