Multi Strategy - Pendulum - NS Partners GroupNS Partners Group

Fund profile

Low volatility multi-strategy fund
The Fund invests in a selection of proven hedge fund managers in the macro and relative value arbitrage space across equities, credit, commodities and FX
Investment objective: Low volatility returns through strategy diversification and limited drawdowns
Expected Annualized Return: 5% to 8%
Expected Annualized Volatility: below 3%
Emphasis on downside protection
Monthly liquidity

The selected fund managers use non-directional, market neutral and arbitrage strategies. This includes equity, convertible, merger, fixed income, commodity and currency arbitrage. Some managers will use leverage.
As global macro imbalances are still significant and bank proprietary trading desks are closing we believe that arbitrage strategies can deliver interesting returns while keeping a relatively low levels of volatility
Concentrated around 15 managers

Low volatility profile
Emphasis on risk control limiting downside capture and generating high Sortino and Sharpe ratios
All-weather product with the ability to compound with consistency and low correlation to markets
Diversification across multiple sub-strategies globally via seasoned multi-manager structures

Last update 16.01.2025

Well-diversified and robust fund comprised of best-of-breed Hedge Fund managers
Defensive risk/return profile during market drawdowns, whilst generating a high Sharpe and Sortino ratio
Significant skew towards multi-manager platforms with a strong emphasis on risk control (“Darwinian” approach)
Access to niche strategies / markets with limited capacity (many invested managers are hard closed and/or have a high minimum investment)
Negative correlation to global equity markets as measured by its Beta vs. the MSCI World Index

“ With its low volatility profile and low downside capture, Pendulum is a convincing alternative to fixed income. ”