The Z-Shift Framework – Empirical Evaluation Since 1995

With the application of hedge fund and risk management techniques, we show that it is possible to improve both the returns and risk properties of traditional 60/40 portfolios.

Over the past few years, we have written about how it is possible to build portfolios using tried-and-tested risk management techniques that have similar risk characteristics to traditional portfolios, but with improved returns. Termed the ‘Z-shift’ because of the figure drawn in risk-return space, the technique makes use of diversification, capital efficiency and risk management overlays.

You can now read the full whitepaper at the link below