Our latest paper examines why traditional bond alpha has been hard to find and offers an innovative, capital-efficient structure that could be considered as an adjunct or replacement to traditional corporate bond allocations. The paper examines an overlay of merger arbitrage strategies onto traditional U.S. Treasury investments.
Advisors seeking to diversify more effectively may want to consider new tools that build on the principles of the 60/40 portfolio – while enhancing the “40” to make it potentially more robust.
This article dives into how advisors can unlock the hidden potential of that “lazy” capital by layering in traditional equity or bond exposures – without altering the behavior of the core strategy.
By using tools that combine traditional asset class exposures – such as those that seek to deliver 100% exposure to equities and 100% exposure to bonds in a single position – advisors can overlay core exposures back onto an alternative-heavy portfolio.
This article explores how implementing a 100% stocks + 100% managed futures approach may help improve portfolio skewness and reduce drawdowns during periods of market stress.
This article explores the difference between reckless and defensive leverage, highlighting how excessive leverage combined with illiquidity, concentration, or overuse (LICE) can lead to financial ruin, while strategic leverage can enhance diversification, improve capital efficiency, and manage risk.