NU PARADIGM AND BERENBERG ASSET MANAGEMENT PARTNER TO LAUNCH RISK MANAGED PORTFOLIO SOLUTION
BOSTON, NEW YORK and HAMBURG, GERMANY – June 9, 2015 – Nu Paradigm Investment Partners, LLC, an investment firm built to help investors solve their toughest portfolio challenges, and Berenberg Asset Management, LLC, a top active risk manager globally, today announced that they have formed a strategic partnership to create tailored, cost‐effective, and risk‐managed portfolio solutions to meet the growing need for enhanced, multi‐asset oCIO solutions.
The Nu Paradigm/Berenberg Asset Management partnership provides clients with access to breadth and depth in portfolio implementation, capital markets and investments with proven expertise in risk management hedging strategies. These strategies include equity, currency and duration overlay strategies, designed to protect portfolios’ downside risk and volatility and increase risk‐adjusted returns. By employing a dynamic, risk controlled approach to managing clients’ assets, overlay strategies will be tailored to suit portfolios’ objectivesand are automatically activated for effective downside protection.
“Investors need and deserve a better approach to investing—one that provides strong return opportunities coupled with dynamic, continuous risk management,” said Chris DeMeo, Co‐Founder of Nu Paradigm. “The industry is inundated with complex, opaque, expensive solutions that we don’t believe meet investors’ needs.”
“Partnering with Berenberg Asset Management, LLC, a proven industry leader in providing cost‐ effective, transparent and flexible risk management solutions, distinguishes Nu Paradigm’s offering and gives our clients a world‐class multi‐asset solution,” added Russell O’Brien, Co‐Founder of Nu Paradigm.
“Controlling certain risk drivers that are not always rewarded—such as currency risk ‐‐enhances portfolio construction and the end outcome,” said Gary Klopfenstein, CEO of Berenberg Asset Management. “We are delighted to partner with Nu Paradigm, whose thinking on providing risk management solutions tailored to the individual and specific needs of global investors is aligned with our own.”
About Nu Paradigm Investment Partners:
With offices in Boston and New York City, Nu Paradigm Investment Partners, LLC is an investment firm built to help investors solve their toughest portfolio challenges and achieve the success that they and their beneficiaries deserve. The firm enters every relationship without preconceived notions to ensure alignment with clients, employing a collaborative, flexible approach to neutralize common obstacles that hinder a true partnership. Nu Paradigm delivers individually‐tailored solutions that can range from strategic advice, to implementation for certain asset classes, to full outsourcing – all with a strong emphasis on reducing total costs.
About Berenberg Asset Management:
With U.S. offices in Chicago and New York City, Berenberg Asset Management, LLC develops and implements investment strategies for institutional investors within a carefully controlled risk environment utilizing the investment experience and expertise of its ultimate principal owner, Joh. Berenberg,Gossler & Co. KG (Berenberg), a German institution and one of the oldest private banks in the world, founded in 1590. The asset management division of Berenberg is responsible for managing more than $19 billion of assets under management globally on behalf of insurance companies, pension funds, businesses, family offices and charities.