Our Services
Strategies & Solutions
Quantitative Equity Strategies (QES)
Quantitative Equity Strategies (QES) include both benchmark-aware and benchmark-agnostic active equity solutions for institutional clients.
NISA’s proprietary approach seeks to deliver consistent alpha by systematically exploiting market inefficiencies that have persisted across market cycles. This relies on combining durable structural opportunities with a meticulously engineered process designed to layer incremental value at every stage, including portfolio construction, execution, and risk management; collectively the alpha generation process.
Through this single alpha generation process, we are able to offer two distinct strategies to meet client objectives:
- Dynamic Extension – Our flagship QE strategy that provides enhanced global equity exposure through long/short active extension. Most compelling when used as an anchor portfolio within a public equity allocation, seeking to deliver steady excess returns alongside full market participation.
- Equity Market Neutral (EMN) – A pure expression of our alpha generation process without market beta exposure. It seeks to add diversification and return enhancement without altering overall equity market exposure and is available in funded or unfunded formats.
Whether the objective is to anchor an equity allocation, implement a portable alpha strategy, or add a source of pure alpha generation to a portfolio, we believe our scalable active equity solutions can offer the persistent excess returns, managed risk characteristics and institutional precision that sophisticated investors demand.
There is no assurance that the investment strategies will be successful. Investing involves many risks, including market-based risk, and it is possible to lose money.
Interest rate risk includes duration differences between the portfolio and liability-based benchmark. Spread or yield curve risk is the difference between performance of the portfolio and the liability-based benchmark associated with changes in credit spreads or the shape of the yield curve. Operational risk includes the calculation and execution of trades required to maintain an LDI hedging objective and requires the coordination of various groups within NISA, as well as external parties including brokers, custodians and potentially other asset managers. There could be a risk associated with incorporating data from various external sources.
Misestimation of the liability’s sensitivity to interest rates, changes to liability valuation assumptions, or differences between assumptions and experience represents potential actuarial risk.
Disclosure Information
By accepting this material, you acknowledge, understand and accept the following:
This material has been prepared by NISA Investment Advisors, LLC (“NISA”). This material is subject to change without notice. This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. This information is provided with the understanding that with respect to the material provided herein (i) NISA is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation, (ii) that you will make your own independent decision with respect to any course of action in connection herewith, as to whether such course of action is appropriate or proper based on your own judgment and your specific circumstances and objectives, (iii) that you are capable of understanding and assessing the merits of a course of action and evaluating investment risks independently, and (iv) to the extent you are acting with respect to an ERISA plan, you are deemed to represent to NISA that you qualify and shall be treated as an independent fiduciary for purposes of applicable regulation. NISA does not purport to and does not, in any fashion, provide tax, accounting, actuarial, recordkeeping, legal, broker/dealer or any related services. You should consult your advisors with respect to these areas and the material presented herein. You may not rely on the material contained herein. NISA shall not have any liability for any damages of any kind whatsoever relating to this material. No part of this document may be reproduced in any manner, in whole or in part, without the written permission of NISA except for your internal use. This material is being provided to you at no cost and any fees paid by you to NISA are solely for the provision of investment management services pursuant to a written agreement. All of the foregoing statements apply regardless of (i) whether you now currently or may in the future become a client of NISA and (ii) the terms contained in any applicable investment management agreement or similar contract between you and NISA.