Portfolio Solutions

The scope of our portfolio solutions is as varied as our clients themselves. We do, however, have one thread that ties our extensive investment management approach together: we are trying to help our clients build a complete portfolio. The implementation of that concept will vary depending on the client, but our broad and diversified investment solutions mean we are unconstrained when it comes to portfolio construction to meet our clients’ objectives.

Multi-Asset Solutions

Our multi-asset solutions are custom-designed to diversify portfolio risk and meet our clients’ unique investment objectives. We draw on decades of experience building bespoke portfolios for institutional and high-net worth clients. Our team of dedicated multi-asset portfolio managers has diverse skills, experiences and backgrounds, and have the expertise to help clients achieve their targets. We offer open-architecture access to strategies offered by active, world-class investment managers, complemented by liquid, passive vehicles. Each of our mandates are competitively priced to ensure excess return is not diluted by high fees.

We help provide access to managers and strategies that many investors cannot get on their own.

Our Collaborative Process

We pride ourselves on listening and understanding each client’s specific portfolio needs. We then set a goal of generating optimal risk-adjusted returns that benefit from a forward-looking approach to asset mix. Our proprietary portfolio allocation engine is supported by years of accumulated research and driven by sound investment insights. We are constantly improving our process by integrating new ideas in our strategic and tactical points of view. We employ a risk-first mindset to collaborate with our clients to fine-tune exposures and implement a portfolio “stress test” process to deliver successful outcomes with more precision.

Go far beyond the traditional portfolio of stocks & bonds and achieve better investment returns with less volatility & downside risk.

TOTAL RETURN FUND

Multi-Dimensional Diversification by Asset Class, Manager, Strategy, Industry, Geography, Liquidity

Client Goal: The Total Return Fund’s goal is to deliver consistent positive returns that are uncorrelated to the public markets. The Total Return Fund’s strategy to achieve that objective is to hold a diversified portfolio of underlying funds with a total return objective that mirrors the behavior of large public pension plans, with an absolute return focus designed to mitigate/minimize cyclicality risk.

Design: The Total Return Fund will be a fund-of-funds, utilizing best-in-class fund managers that are specialists in their asset class. The Total Return Fund will seek multi-dimensional diversification by asset and sub-asset class (including public and private vehicles), investment manager and strategy, industry,
geography and liquidity. The Total Return Fund is expected to invest in a mix of publicly and privately offered equity and fixed income mutual funds, hedged and unhedged, as well as privately offered funds with exposure to private equity, private credit, infrastructure and real estate portfolios

Custom Portfolios

The scope of our portfolio solutions is as varied as our clients themselves. We do, however, have one thread that ties our extensive investment management approach together: we are trying to help our clients build a complete portfolio. The implementation of that concept will vary depending on the client, but our broad and diversified investment solutions mean we are unconstrained when it comes to portfolio construction to meet our clients’ objectives.

We construct and manage bespoke portfolios for clients who want a fully personalized investment portfolio designed to meet their unique requirements.

Our Process

Discovery

The most important step begins with a deep understanding of the client, their needs and how we can best support their objectives through a custom equity portfolio. Beyond performance, we seek to uncover what else the portfolio can provide – downside risk controls, managed volatility, yield maximization, correlation offset to other exposures.

Defining Investment Universe

The opportunity set across the investment landscape is enormous. We work with our clients to bring both diversification and structure to the investable universe. Those parameters can be based on geography, size & liquidity, stock-level characteristics (yield, style, sector), and a vast array of risk metrics.

Modeling & Stress Testing

We have built robust, real-time portfolio modeling capabilities to illustrate how a strategy has performed through various market cycles in the past. This allows us to fine-tune our strategies to generate a more consistent return profile.

"Going Live" Implementation

Transitioning from model to live portfolio is not as simple as funding an account and beginning to execute trades. We employ a systematic approach and overlay market conditions (e.g. volatility and liquidity) in order to effectively launch the custom portfolio.

Portfolio Monitoring & Rebalancing

A custom portfolio needs constant monitoring in order to truly maximize its benefit. Our portfolio managers engage both our quantitative, rules-based controls and an industry-leading portfolio management system to maintain oversight over client accounts. If any element of the portfolio is out of compliance with our stated parameters, it is flagged for rebalancing.

Strategy Review

Our clients’ needs evolve over time, which means we must continue to revisit the initial premise of the custom portfolio and whether it is still relevant. Given other factors such as asset mix, market and economic conditions, and risk profile, we provide an adaptive style to allow our custom portfolios to adjust as needed.

We believe the future will continue to bring a democratization of investment management with truly customized solutions.