Multi-Asset Strategies Group

Mission

TRS's Multi-Asset Strategies Group manages about $16 billion or 8% of Trust assets as part of the Active Public Markets group. Focused on generating alpha for Public Markets, the Multi-Asset Strategies Group manages two portfolios: Quantitative Equity and Alternative Risk Premia. Much of the work is systematic, which is based on model-driven outputs. The portfolios primarily implement factor-based investing utilizing well-researched ideas designed to generate alpha over the long-term for the Trust.

Quantitative Equity Strategies (QES)

• Invests systematically among global equities according to strategic factor and alpha models with an emphasis on continuous improvement and innovation
• Manages $16 billion, which is approximately 8% of Trust assets
• Provides strategic factor exposure and diversifying alpha to Active Public Markets
• Aims to generate 100 bps in annual alpha over global benchmark

Alternative Risk Premia

• Invests across all asset classes (equities, bonds, currencies, commodities) in a systematic, multi-class portfolio of ARP such as value, carry and momentum
• Aims to generate an absolute return of 10% over a 3-year period