Our systematic hedge, total return income, equity, and retirement strategies are grounded in strong empirical and economic foundations. Fundamental economic logic, quantitative algorithms and large data sets inform decision making across the entire investment process: portfolio construction, position sizing, and risk management.

Our investors are interested in long-term return and income outcomes with continuous attention to risk of loss. We employ a variety of proprietary investment and trading technologies seeking to maximize investor outcomes. Many of our strategies have either a long-term capital appreciation, income/yield, or tax efficiency objective.

We incorporate sophisticated, active risk-management throughout the portfolio construction and investment processes. We seek to limit exposure to large drawdowns while profiting from shifting sources of return across market cycles. The goal is a risk profile that is consistent with investor expectations at all times and, over the long-term, better capital appreciation by avoiding large loss. Each of our strategies is offered with an optional options-based hedge overlay that can further reduce exposure to loss during times of market stress.

Our investors are strongly averse to style-drift and strategies that have unknown or unstable return distributions over market cycles. We are deliberate in applying a dynamic, repeatable, systematized approach to every aspect of what we do. All of our strategies seek known, stable return distributions that are free of style-drift.

Our investors prefer a smooth path to long-term outcomes, with fewer unknowns. Our strategies seek to provide these differentiated outcomes and capital protection benefits through the use of effective, active attention to reducing portfolio cross-correlations.

We are small enough that you will actually talk with the PM when you need to and we are large enough that we can provide operational support to help you grow.