Entering September, the fixed income allocation strategy remains with a risk-on message and suggested no rebalancing from the month prior. The model remains overweight U.S. High-Yield Bonds, U.S. Investment Grade Corporate, Floating Rate Notes, and Emerging Market Bonds and underweight U.S. Long-Term Treasurys, U.S. Treasury Inflation-Protected Securities, and U.S. Mortgage-Backed Securities.

Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRFIAS202309061

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Thoughts From The Divide: Relatively Speaking

BY JON WEBB
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NDR Dynamic Allocation Strategy October 2023 Update

BY BRIAN SANBORN
Dynamic Allocation Strategy, indicators, weightings update Read more →

C8 Bulletin: MI2 Joins C8 Studio

BY JON WEBB
The C8 Bulletin is back after a summer break, and we are delighted to announce that Macro Intelligence 2 Partners have added their Macro Alpha index to C8 Studio.  The Macro Alpha strategy is deeply rooted in MI2's macroeconomic insights. These directional strategies encompass a broad range of asset classes. The strategy aims to optimize risk-adjusted returns by dynamically-adjusting portfolios based on changing macroeconomic conditions. Taking three of our Global Macro contributers (including MI2), combining using our proprietary Tactical Asset Allocation, would have produced a 24% annual gain with 11% volatility and, notably, a 40% negative correlation to the S&P over the past two years. Read more →
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