Quadratic is an innovative majority woman-owned investment advisory firm focused on global macro strategies based in Greenwich, CT.
Quadratic employs a risk-based approach to portfolio construction. We invest primarily in liquid options and swaptions across FX, commodities, rates, equities, and credit. Each individual, asymmetric position has a strictly limited risk-weighting, ensuring that no single directional view can have a large adverse impact on the portfolio.
Being long volatility is central to our structuring and, therefore, Quadratic tends to be uncorrelated to equity market beta in risk-off environments. Quadratic is an absolute return strategy, not volatility-based, so we aim to generate exceptional risk-adjusted returns in all volatility environments. We use options for risk management and to generate additional alpha by exploiting mispricings in volatility markets.
Global Macro, Derivatives, Alternatives, Cross Assets, and Options