IRONCLAD ASSET MANAGEMENT

We believe that markets are mostly efficient. As a result, generating reliable alpha from stock picking or market timing is extremely difficult. We instead look for outperformance in the land of alternative beta: overlaying simple-to-understand hedge fund strategies on top of pure beta to enhance expected returns. Overlaying alternative beta also allows us to diversify well without having to dilute existing exposure. The result is 2-in-1 or 3-in-1 portfolios that make capital work harder... The best overlay candidates (1) earn a standalone risk premium (2) have low correlation to your core exposure and (3) outperform during tough times. They can also be easily benchmarked to accurately track performance. Incorporating these overlays can bring about attractive defensive benefits through better diversification. As we focus on solutions for long-horizon investors, we believe that these defensive benefits should be leveraged into stronger offence... We also manage multi-strategy absolute..