One River Firm Overview
Founded in 2013 by Eric Peters, One River Asset Management is an innovative investment manager dedicated to delivering high-conviction absolute-return strategies that help our clients build superior portfolios. We see the world in a period of major economic and political transition, with the investment landscape shifting in ways that will make the coming five years look profoundly different from the past five. Our strategies are built to profit from this dynamic environment while providing strong diversification benefits to traditional investment portfolios. Each is developed and managed in-house by our diverse team of investment professionals with deep expertise in volatility, thematic macro, systematic, and inflation trading/investing. Our strategies are delivered at sensible fees and enhanced volatility via commingled funds, and/or in bespoke combinations for large institutions via fund-of-one structures.
Four Investment Strategies
Long Volatility: We manage a Long Volatility Fund. The strategy is structured to profit from a rise in cross asset volatility. We take a value-oriented approach to portfolio construction, looking for the best risk-reward opportunities to be long volatility across the globe, with a dominant allocation to equity and other high-beta volatility. The highly-convex strategy is built to minimize carry, and to partially crystalize profits through rebalancing and asset class rotation.
Systematic Trend: We manage a pure Systematic Trend Fund. The strategy is informed by deep quantitative research combined with our discretionary macro and volatility expertise. Our strategy is sensibly constructed, using a limited number of parameters to improve robustness. We embed common-sense risk management logic into our unique algorithm, combining the attractive attributes of medium to longer-term signals with a trailing stop-loss exit methodology.
Inflation: The strategy focuses on opportunities across global inflation markets. Following a 25-year period of unusually stable inflation, we are entering a more volatile regime in which the opportunities to profit from absolute and relative movements in global inflation rates are likely to be substantial and enduring. The strategy combines directional, relative value, and idiosyncratic inflation trades/investments into an absolute return portfolio.
Thematic Macro: One River’s team identifies high conviction global macro investment themes that we believe will unfold over the medium to long-term. We do deep fundamental research, assess the market opportunities these themes present, build discrete portfolios for each, and dynamically manage these market exposures as fundamentals and valuations evolve. We then time, size and weight these themes into an absolute-return thematic macro portfolio.
For institutional clients who prefer a customized solution to our commingled fund vehicles, we can deliver any combination of our four discrete investment strategies in a fund-of-one or managed account to meet their specific needs. We partner with such bespoke clients in one of three ways; (1) they present us with an investment need to tilt their portfolio and/or hedge a specific risk and we then create a combination of our strategies to achieve that objective, (2) they ask us to build a holistic, stand-alone portfolio of our strategies that is designed to fit well within their larger alternatives portfolio, and (3) they turn to us for solutions that materially reduce the expense ratio and capital efficiency of their existing portfolio while maintaining equivalent market exposures.
One River is based in Greenwich, Connecticut and manages assets across a range of commingled funds and bespoke mandates for a number of the world’s most prestigious institutions. Eric Peters, CEO & CIO of One River is also the author of an investment letter called “Weekend Notes” which is read by investment professionals who directly deploy over $1 trillion in alternative assets. For further information, please contact Stefan Pollmann, Head of Business Development and Investor Relations at firstname.lastname@example.org