A news release said the new offering seeks to outperform the Russell 1000 Index by applying a multi-factor investment process and a risk-controlled approach.
The announcement said the new approach sets out to beat the index by 4% annually over a full-market cycle. The strategy enables the portfolio manager to take short positions up to 30% and long positions up to 130%.
The company said the strategy is designed to leverage the strategy’s alpha while maintaining 100% exposure to the market.
“The 130/30 strategy is a natural extension of our existing quantitative investment process that allows us to express both our positive and negative views on stocks based on our research,” said Jeremy Baskin, Global head of Quantitative Active Strategies for NTGI, in the news release.
More information about the company is at http://www.northerntrust.com .