Active Alpha and Beyond

• Overview
• Resources

As the market and our clients’ portfolios have evolved, so have our ideas.

Active Alpha Investing provides a framework for putting an improved and durable long-term investment strategy into action enabling investors to improve their risk-adjusted returns by:

• Separating interest rate, market and active risk
• Managing market risk more efficiently
• Neutralizing the exposure of liabilities to interest-rate fluctuations
• Taking more active risk
• Using a risk budget to create an optimal balance between these sources of return

Beyond Active Alpha explores new alpha sources lying between alpha and beta on the continuum of return sources --exotic beta. It offers some unique advantages, including large capacity, enhanced return potential and low correlation to sources of traditional beta.