Estlander & Partners Glacies AIF is a seeking to provide attractive, “bond like” returns on a 6 % average volatility, with no correlation to equities. The strategy allocates to several premia, selected to provide return opportunities in different environments, some of them favour higher volatility and “risk off” phases, others find “risk on” periods more favourable. Risk is allocated to the different return drivers based on what we call Riskparity 2.0. Riskparity 2.0 allocates risk equally to the different premia not only based on recent volatility (as risk parity does), but on risk defined by potential worst case outcomes, with strict risk management overlays.

Estlander & Partners Freedom AIF is seeking to provide attractive “all season” return with a 14% volatility. Risk is allocated to four different buckets to find good diversification. These buckets are Equity, Carry/ Bond, Momentum and Diversifying stratategies. All buckets have over time equal risk allocation, using the same Risk Parity 2.0 methodology as the Glacies Fund. The fund shifted from being a Trend-Following dominated strategy to the Allseason approach by the end of 2019.

Clarity is our digital service platform for accelerating portfolio optimization and R&D efforts. The aim of the platform is to combine all our experience and best practices with great user experience into one place or service, to bring you clarity into our complex world.