Portable Alpha
Portable Alpha
Radcliffe’s Portable Alpha Solutions are available to pair with any client-chosen beta exposures. For over a decade, Radcliffe’s Ultra Short Duration strategy has been used as Portable Alpha by clients including pensions and endowments.
Treasury Plus
Launched in May 2023, the Radcliffe Treasury Plus strategy is the first offering within our Portable Alpha Solutions that combines both the beta and the alpha. The strategy seeks uncorrelated excess returns above the beta, in this case intermediate-term Treasuries, regardless of market conditions. The Treasury Plus strategy invests in many of the same bonds held within Radcliffe’s Ultra Short Duration strategy and its Short Duration strategy which have minimal correlation to the Bloomberg US Treasury Index¹. Recommended for investors seeking to enhance Treasury returns with meaningful uncorrelated alpha.
¹ Between May 1, 2023, and March 31, 2025, the index was the Bloomberg US Treasury 7-10 Year Index. As of April 1, 2025, the index is a weighted average of
90% x the Bloomberg US Treasury 5-10 Year Index and 10% x the Bloomberg US Treasury 10-20 Year Index.
All investments are subject to risks including the possible loss of principal. This description contains opinions and expectations regarding the marketplace and the strategy, as well as descriptions of current and potential investment processes. There is no guarantee that our expectations will be met. Radcliffe may change its investment process without notice at any time.