QMA’s Core Equity strategies dynamically capture valuation, growth, and quality exposures in diversified portfolios. Our systematic, bottom-up approach targets and combines key sources of alpha and seeks to add value by actively adapting factor weights to changing company growth rates and market opportunities. QMA’s suite of US Core equity strategies includes long-only Core, All Cap, Mid-Cap, and Small Cap Equity. Long-short strategies include US Core Equity Extended, Long/Short, Market Neutral, and Market-Neutral Leveraged.
Similar to our US Core strategies, QMA’s non-US Core strategies dynamically capture valuation, growth, and quality exposures in diversified global, international, and emerging markets portfolios. Our systematic, bottom-up approach targets and combines key sources of alpha and seeks to add value by actively adapting factor weights within sectors to changing company growth rates and market opportunities. Non-US strategies include Global Core Equity, International Core, All Cap, and Small Cap, Emerging Markets Core, All Cap, and Small Cap, and Global and International All Country Market Neutral.
With a commitment to deep value and style purity, QMA’s Value strategies apply insights on company fundamentals in a disciplined and repeatable process that seeks to consistently isolate and capture the alpha available in value stocks. We seek to add value by actively adapting valuation factor measures to changing market opportunities. QMA’s Value Equity strategies include Small Cap, Mid-Cap, and Large Cap Value.
QMA seeks to enhance return opportunities by actively allocating investment exposures to underlying assets in order to meet objectives and risk/reward profiles. Our investment approach is differentiated by a forward-looking, flexible framework that shifts among and within asset classes based on performance and volatility expectations derived through extensive quantitative and qualitative analysis. Our portfolios offer a wide array of investment strategies across a broad spectrum of potential risk/return characteristics, including traditional and non-traditional asset classes, as well as alternative only portfolios.
Our process is designed to replicate the performance of a broad-based U.S. or international equity index by creating a portfolio with the same characteristics and mix of stocks as the benchmark index.
QMA’s investment strategies reflect our core mission of offering solutions designed to solve our clients' real world investment challenges. Below are snapshots of several key products, each benefiting from a collaborative and research-based culture that seeks to put into practice the best of academic and practitioner knowledge.
The roots of QMA’s asset allocation capabilities stretch back to 1975, and while we have been managing real assets inside institutional asset allocation portfolios for years, we introduced our dedicated Real Assets strategy in 2010. Since inception, the strategy has offered investors an effective way to gain real asset exposure with:
- Enhanced portfolio diversification
- Reduced volatility and risk
- Attractive year-over-year cumulative return
Real Assets can provide exposure to a diverse array of opportunities for those seeking protection from some of the risks to which traditional portfolios are most vulnerable—such as inflation and market volatility. QMA’s dynamic investment allocation approach, combined with security selection by experienced teams of specialized asset managers, has delivered consistent outperformance with reduced volatility.
After experiencing large drawdowns in periods of extreme equity market volatility, especially in 2008-2009, many investors are looking for ways to reduce their downside risk while continuing to earn equity market returns.
Three key benefits of an US Market Participation Strategy (MPS) strategy include:
- Upside participation with reduced downside risk
- Low correlation and diversification
- Liquidity when you need it most
QMA’s MPS seeks to provide upside participation when the US equity market advances, while reducing downside risk. Exposures are actively managed in response to changing market conditions. We determine portfolio equity exposure by combining quantitative parameters with portfolio manager judgment to target desired equity upside and reduced downside risk.
Past performance is not a guarantee or a reliable indicator of future results. Any discussion of risk management is intended to describe QMA’s efforts to monitor and manage risk but does not imply low risk. All investing involves risk, including the risk of loss. Equity securities are subject to certain risks including market volatility, rapid changes in share prices and the impact of political, social and governmental factors on share prices and the market generally. Fixed income securities are subject to certain risks, including credit, interest rate, issuer, market and inflation risk. Foreign and emerging market securities are subject to currency, political, economic, and market risks, which may be enhanced in emerging market countries. U.S. Government securities may not be backed by the full faith and credit of the U.S., thus, these issuers may not be able to meet their future payment obligations. The use of derivative instruments may disproportionately increase losses and have a significant impact on performance. They also may be subject to counterparty, liquidity, valuation, correlation and market risks.
There is no guarantee that any investment strategy will achieve its objective under all market conditions or be suitable for all investors. Each investor should evaluate their ability to invest for the long-term, especially during periods of downturn in the market.
The views and opinions expressed herein are those of QMA and are subject to change without notice. This material has been provided for informational purposes only and should not be construed as investment advice or as a recommendation to buy or sell any security or participate in any strategy.