J8 Global Absolute Return Strategy

​​The J8 Global Absolute Return Strategy (“J8 GARS”) is a systematic, diversified program focused on liquid alternative risk premia and systematic global macro strategy sets. The strategy has been live since 1st January 2015.
 
The objective of J8 GARS is to methodically seek to deliver portfolio protection, portfolio diversification, and capital appreciation by capturing alternative streams of returns within a systematic and formulaic investment process.
 
J8 GARS aims to achieve these objectives through a proprietary methodology that focuses on:
  • directional trend-following momentum strategies, ‘CTA-beta’, which aim to benefit from volatility in rising and falling global markets.
  • tactical risk premia strategies structured to benefit from market inefficiencies, anomalies, and relative value opportunities in broad market portfolios.
  • The strategy basket is managed to a target volatility within the confines of a balanced portfolio. Each methodically facilitates close-outs and exposure reductions during unfavourable market environments.
  • The return drivers are intuitive, deliberate, and understandable. The investment process is transparent and repeatable, and the underlying markets are all exchange traded, highly liquid and robust.
The strategy is derived from our original research.
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. It has the ability to close-out and reduce exposures in response to changes in the market environment. Enhancing the tactical risk-premia signals to traditional CTA beta trend-following signals stabilizes the 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 2021