A U.S.-based fund advisor sought an equity replacement strategy to complement its product lineup and offer greater upside participation in rising markets, while minimizing drawdowns in volatile periods. Traditional liquid alternatives approaches did not meet the advisor’s constraints on notional futures exposure, requiring a tailored, customized solution.
Partnering with the client, PGIM Quantitative Solutions customized its proven Market Participation Strategy (MPS) to deliver a convex return profile that balanced upside potential with controlled risk.
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