{"id":1224,"date":"2025-03-27T13:35:00","date_gmt":"2025-03-27T13:35:00","guid":{"rendered":"http:\/\/78c64fb1-fd32-420d-b835-056982ce1fd3"},"modified":"2025-03-27T13:35:00","modified_gmt":"2025-03-27T13:35:00","slug":"return-stacking-diversification-without-sacrifice","status":"publish","type":"episode","link":"https:\/\/advisoranalyst.com\/podcast\/episode\/return-stacking-diversification-without-sacrifice\/","title":{"rendered":"Return Stacking: Diversification Without Sacrifice"},"content":{"rendered":"

Is it possible to enhance diversification without sacrificing returns?In this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo of ReSolve Asset Management and Corey Hoffstein of Newfound Research to discuss the game-changing concept of return stacking and the launch of the Return Stacked Global Balanced & Macro ETF (RGBM)<\/a>\u2014now listed on the Toronto Stock Exchange.Discover how this capital-efficient and tax-efficient strategy allows investors and advisors to stack returns from systematic macro strategies on top of a traditional 60\/40 portfolio\u2014all without selling core assets.Packed with institutional insights, behavioral solutions, and a dose of ETF innovation, this conversation reveals how ReturnStacked\u00ae ETFs is democratizing strategies once exclusive to pension funds and hedge funds.\u23f1\ufe0f Chapters (Timestamps)0:00 – Intro: Why diversification doesn\u2019t need to mean sacrifice2:52 – Genesis of Return Stacking: Portable alpha reborn6:45 – Institutional proof: The Delta Pension Plan case study11:50 – Solving line item risk & behavioral drag14:35 – “A spoonful of sugar helps the diversification go down.”17:30 – Kitchen vs. Solarium: Pierre\u2019s investing metaphor20:00 – Defensive leverage vs. LICE (Leverage that’s Illiquid, Concentrated, Excessive)22:30 – Inside RGBM: Structure & allocation explained26:00 – Three implementation strategies for RGBM32:00 – Why use RGBM as a return enhancer36:00 – “Why are we playing the game on hard mode?”41:30 – Systematic macro: strategy, structure, and why now47:50 – The power of long-term structural un-correlation52:00 – Return stacking vs. alpha chasing in equity markets58:00 – Triple Alpha: Strategy Alpha, Structural Alpha, Tax Alpha1:00:00 – Closing thoughts & how to learn more? Resources & Links? Learn more about RGBM ETF<\/a>? Explore the Systematic Macro Research library<\/a>? Read more from ReSolve Asset Management<\/a>? Newfound Research insights<\/a><\/p>\n

Copyright \u00a9 AdvisorAnalyst<\/p>\n

#ReturnStacking #RGBM #ETFInvesting #CapitalEfficiency #SystematicMacro #AlternativeInvestments #PortfolioDiversification #FinancialAdvisors #BehavioralFinance #InvestingStrategies #RaiseYourAverage<\/p>\n","protected":false},"excerpt":{"rendered":"

Is it possible to enhance diversification without sacrificing returns?nnIn this episode of Raise Your Average, Pierre Daillie sits down with Rodrigo Gordillo of ReSolve Asset Management and Corey Hoffstein of Newfound Research to discuss the game-changing concept of return stacking and the launch of the Return Stacked Global Balanced & Macro ETF (RGBM)<\/a>\u2014now listed on the Toronto Stock Exchange.nnDiscover how this capital-efficient and tax-efficient strategy allows investors and advisors to stack returns from systematic macro strategies on top of a traditional 60\/40 portfolio\u2014all without selling core assets.nnPacked with institutional insights, behavioral solutions, and a dose of ETF innovation, this conversation reveals how ReturnStacked\u00ae ETFs is democratizing strategies once exclusive to pension funds and hedge funds.nn\u23f1\ufe0f Chapters (Timestamps)nn0:00 – Intro: Why diversification doesn\u2019t need to mean sacrificenn2:52 – Genesis of Return Stacking: Portable alpha rebornnn6:45 – Institutional proof: The Delta Pension Plan case studynn11:50 – Solving line item risk & behavioral dragnn14:35 – “A spoonful of sugar helps the diversification go down.”nn17:30 – Kitchen vs. Solarium: Pierre\u2019s investing metaphornn20:00 – Defensive leverage vs. LICE (Leverage that’s Illiquid, Concentrated, Excessive)nn22:30 – Inside RGBM: Structure & allocation explainednn26:00 – Three implementation strategies for RGBMnn32:00 – Why use RGBM as a return enhancernn36:00 – “Why are we playing the game on hard mode?”nn41:30 – Systematic macro: strategy, structure, and why nownn47:50 – The power of long-term structural un-correlationnn52:00 – Return stacking vs. alpha chasing in equity marketsnn58:00 – Triple Alpha: Strategy Alpha, Structural Alpha, Tax Alphann1:00:00 – Closing thoughts & how to learn morennn? Resources & Linksnnn? Learn more about RGBM ETF<\/a>n? Explore the Systematic Macro Research library<\/a>n? Read more from ReSolve Asset Management<\/a>n? Newfound Research insights<\/a><\/p>\n

Copyright \u00a9 AdvisorAnalyst<\/p>\n

#ReturnStacking #RGBM #ETFInvesting #CapitalEfficiency #SystematicMacro #AlternativeInvestments #PortfolioDiversification #FinancialAdvisors #BehavioralFinance #InvestingStrategies #RaiseYourAverage<\/p>\n","protected":false},"author":1,"featured_media":1225,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/episode\/1224"}],"collection":[{"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/episode"}],"about":[{"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/types\/episode"}],"author":[{"embeddable":true,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/comments?post=1224"}],"version-history":[{"count":0,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/episode\/1224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/media\/1225"}],"wp:attachment":[{"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/media?parent=1224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/categories?post=1224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisoranalyst.com\/podcast\/wp-json\/wp\/v2\/tags?post=1224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}