J8 Global Absolute Return Strategy
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​An enhanced over CTA beta

Objective
The objective is to provide returns that are enhanced over CTA beta. Thereby, we replace traditional black-box CTAs with a transparent and formulaic investment strategy.

We aim to achieve the objective by using
  • directional trend following momentum strategies (CTA-beta) that aim to benefit from rising an falling core global markets, and
  • tactical risk premia strategies that aim to benefit from arbitrage and relative value opportunities in broad market portfolios.

We combine these multi-factor trading strategies in a risk weighted portfolio and manage the portfolio to a target volatility. 

Strategy description
The J8 Global Absolute Return Strategy (J8 GARS) trades commodity, currency, and government bond futures only (no equities!). As a systematic program, J8 GARS utilizes trend-following, carry, term-structure arbitrage, and inventory basis signals in a risk-weighted diversified portfolio to systematically generate returns which are managed to a target volatility. Enhancing the tactical risk-premia signals to traditional CTA beta trend-following signals stabilizes our returns, reduces drawdown severity and shortens recovery periods. As such, J8 GARS invests to preserve capital and diversify alternative and traditional investment portfolios.
​The risk of loss in commodity interest trading can be substantial.
J8 Capital Management LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom
J8 Capital Management LLP is registerred with the National Futures Association in the United States.
J8 Capital Management LLP (c) copyright 2020