by AdvisorAnalyst.com in collaboration with AGF Capital Partners
Navigating Volatility:
The Case for Tactical Alpha
by AdvisorAnalyst.com in collaboration with AGF Capital Partners
Navigating Volatility:
The Case for Tactical Alpha
In an era of economic flux and market volatility, alternative investments have emerged as a cornerstone of portfolio construction, offering the potential for diversification, resilience, and enhanced returns. Yet, navigating this terrain requires expertise and a nuanced understanding of its complexities. Ash Lawrence, Head of AGF Capital Partners, and Scott Radke, CEO and Co-CIO at New Holland Capital, share their thoughts on the landscape, the recent launch of AGF NHC Tactical Alpha Fund and how to navigate alternatives strategies.
The State of the Market: A Catalyst for Change
“Looking forward, we might see a different return environment for public equities,” Lawrence observes, pointing to post-GFC monetary stimulus as a bygone era. The days of easy gains and low volatility are over. With public equity returns concentrated in a few high-performing sectors and companies, diversification is critical.
The Tactical Alpha Edge
At the heart of the conversation was the launch of AGF NHC Tactical Alpha Fund, a multi-strategy approach designed to blend return generation with diversification and low volatility. Managed by AGF Investments Inc., the fund indirectly invests substantially all of its assets in the New Holland Tactical Alpha Master Fund LP, managed by New Holland Capital.
Radke emphasizes the importance of assembling a portfolio of strategies that not only deliver returns but also mitigate downside risk in adverse markets.
The Blueprint for Success: Multi-Strategy Mastery
Both Lawrence and Radke stress the critical role of manager selection in building resilient portfolios.
Radke explains that New Holland Capital’s approach to manager selection blends quantitative rigor with qualitative judgment. “We’re looking for experienced portfolio managers who align philosophically around risk and have a track record of generating exceptional returns,” he says. Beyond the numbers, it’s about identifying partners who demonstrate resilience during challenging market conditions.
“It’s a people business,” Radke notes. “Judging how someone will behave when the chips are down is a different matter entirely.”
Radke’s focus on niche, less trafficked strategies has been a hallmark of New Holland Capital’s success. “Crowdedness tends to be a bad characteristic when markets go south,” he explains. By concentrating on a variety of less-crowded esoteric opportunities, Radke’s team has carved out a unique space in the alternatives landscape, enabling their tactical alpha strategy to stand apart from the competition.
Education and the Long Game
For Lawrence, educating advisors about the intricacies of alternatives is crucial. “We take a bottom-up approach, meeting advisors where they are, regardless of level of experience in allocating,” he says.
The Liquidity Puzzle
The illiquidity premium—often a cornerstone of alternative investing—is another key theme. Lawrence stresses that determining the appropriate illiquidity bucket in a portfolio is critical. “You need to decide well in advance how much capital you’re willing to invest with a longer time horizon,” he notes.
Ash Lawrence on market conditions, risk, and diversification.
Strategic outlook and opportunities for 2025 and beyond.
What's another way of describing tactical alpha?
What sets New Holland Capital apart?
How AGF Capital Partners empowers and educates advisors
How can AGF NHC Tactical Alpha strategy potentially offer investors the ‘best of both worlds’ in terms of liquidity?
The challenge lies in reallocating portfolios to capture these opportunities while mitigating risk. “How do I reallocate for the future if that's my expectation on public equities returns?” Lawrence asks rhetorically. He believes the answer lies in alternatives, which can offer a way to diversify in an uncorrelated manner and buffer against public market downturns.
Radke echoes this sentiment but highlights a silver lining: “It’s a particularly fertile time for hedge fund strategies.” Increased volatility across rate, equity, and credit markets provides “the fuel that helps with alpha generation.” Strategies like merger arbitrage, event-driven plays, and commodity-relative value trading are poised to thrive as corporate activity accelerates and historical market relationships are disrupted.
This strategy, described by Radke as a “utility player in baseball,” offers a unique combination of attributes. It is designed to capture upside potential while buffering against downside risk, making it a powerful tool for advisors seeking to stabilize portfolios amidst uncertainty.
“It’s not just about generating returns; it’s about doing so in a way that aligns with overarching risk objectives,” Radke explains.
Lawrence echoes this commitment to specialization, pointing to AGF Capital Partners’ multi-boutique structure as a model for fostering independence while ensuring alignment. “Specialists typically outperform generalists when it comes to alpha generation,” he says. This structure allows AGF Capital Partners to provide its affiliate managers with critical resources without compromising their independence.
Lawrence acknowledges that there is a wide range of knowledge levels across the advisory landscape. Whether through portfolio consulting or in-depth strategy explanations, AGF Capital Partners’ approach is designed to empower advisors to confidently integrate alternatives into their client portfolios. This involves not only explaining strategies but also reviewing portfolios during both bull and bear markets.
Radke, meanwhile, cautions against the temptation to chase recent performance, urging advisors to differentiate between luck and skill. “The tendency to make trading decisions based on recent returns is the bane of every investor’s existence,” he warns.
Radke adds that the strategy’s focus on public markets allows it to prioritize liquidity without sacrificing return potential. “Our structure is designed to work in both sunny and rainy markets,” he explains.
In a world of heightened volatility and shifting return dynamics, alternatives are no longer optional—they’re essential.
As Lawrence aptly puts it, “We’re here to be your partner long term.” For advisors willing to invest the time and effort to master these tools, the rewards—both for their clients and their practices—can be substantial.
“The launch of the fund is also the next step in our partnership with New Holland Capital as we continue to build and grow our alternatives business and diversify our capabilities. It is exciting to bring to Canada a product that gives accredited investors access to New Holland Capital’s institutional caliber and extensive expertise in absolute return investing,” adds Lawrence.
Key Takeaways
As markets evolve, so too must the tools and strategies advisors use to guide their clients. Here are the key takeaways from the conversation:
- Adapt to New Realities: The post-GFC era of easy equity returns is over. Advisors need to think creatively about diversification and risk management.
- Focus on Manager Selection: Success in alternatives hinges on finding the right people. Look for managers who excel in niche areas and exhibit resilience under pressure.
- Balance Liquidity and Returns: Illiquid investments can provide stability and higher returns, but determining the appropriate allocation is crucial.
- Prioritize Education: Understanding the complexities of alternative strategies is a long-term process. Advisors should leverage the expertise and resources from firms like AGF Capital Partners' to enhance their knowledge.
- Embrace Diversification: Strategies like the AGF NHC Tactical Alpha Fund demonstrate the power of targeting return generation with risk mitigation.
Ash Lawrence
Head of AGF Capital Partners
Ash Lawrence is Head of AGF Capital Partners, AGF Management Limited’s diversified alternatives business, and a member of AGF’s Executive Management Team. With over 20 years of expertise in alternative investments and portfolio management, Ash leads initiatives to expand AGF’s private asset and alternative strategy capabilities. His team partners with experienced investment managers, providing strategic support, resources, and capital to foster growth and innovation. Before joining AGF, Ash spent 16 years at Brookfield Asset Management, where he led Canadian real estate investments and managed portfolios across North America and Brazil. Ash holds an MBA from the Rotman School of Management and a Bachelor of Applied Science in Civil Engineering from the University of Waterloo. He serves on multiple boards and is a Global Governing Trustee for the Urban Land Institute. Ash’s early career includes financing municipal infrastructure and developing solutions for public and private sectors.
Scott Radke
CEO & Co-CIO, New Holland Capital
Scott Radke is the Chief Executive Officer and Co-Chief Investment Officer at New Holland Capital (NHC). As CEO, Scott is responsible for leading, implementing, and growing NHC’s business activities. As Co-CIO, Scott is responsible for portfolio management, investment research, and portfolio risk alongside David Wadler with a special focus on illiquid strategies, and Bill Young with a special focus on liquid strategies. Scott is a member of the firm’s Financial Risk Management Committee and a member of the Investment Committee, which opines on investment and portfolio decisions across NHC’s business lines. Prior to the launch of NHC in 2006, Scott was a member of the Hedge Fund Group within a Dutch pension. Scott graduated magna cum laude from the University of Michigan with a BSE in Mechanical Engineering and received an MBA in Finance with distinction from the Wharton School of the University of Pennsylvania.
Meet Ash Lawrence, AGF Capital Partners
Ash Lawrence is Head of AGF Capital Partners, AGF Management Limited’s diversified alternatives business, and a member of AGF’s Executive Management Team. With over 20 years of expertise in alternative investments and portfolio management, Ash leads initiatives to expand AGF’s private asset and alternative strategy capabilities.His team partners with experienced investment managers, providing strategic support, resources, and capital to foster growth and innovation. Before joining AGF, Ash spent 16 years at Brookfield Asset Management, where he led Canadian real estate investments and managed portfolios across North America and Brazil. Ash holds an MBA from the Rotman School of Management and a Bachelor of Applied Science in Civil Engineering from the University of Waterloo. He serves on multiple boards and is a Global Governing Trustee for the Urban Land Institute. Ash’s early career includes financing municipal infrastructure and developing solutions for public and private sectors.
Ash Lawrence
Head of AGF Capital Partners
Navigating Volatility:
The Case for Tactical Alpha
by AdvisorAnalyst.com in partnership with AGF Capital Partners
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In an era of economic flux and market volatility, alternative investments have emerged as a cornerstone of portfolio construction, offering the potential for diversification, resilience, and enhanced returns. Yet, navigating this terrain requires expertise and a nuanced understanding of its complexities. Ash Lawrence, Head of AGF Capital Partners, and Scott Radke, CEO and Co-CIO at New Holland Capital, share their thoughts on the landscape, the recent launch of AGF NHC Tactical Alpha Fund and how to navigate alternatives strategies.
"We might see a different return
environment for public equities,"
Lawrence observes.
Meet Scott Radke, New Holland Capital
Scott Radke is the Chief Executive Officer and Co-Chief Investment Officer at New Holland Capital (NHC). As CEO, Scott is responsible for leading, implementing, and growing NHC’s business activities. As Co-CIO, Scott is responsible for portfolio management, investment research, and portfolio risk alongside David Wadler with a special focus on illiquid strategies, and Bill Young with a special focus on liquid strategies. Scott is a member of the firm’s Financial Risk Management Committee and a member of the Investment Committee, which opines on investment and portfolio decisions across NHC’s business lines. Prior to the launch of NHC in 2006, Scott was a member of the Hedge Fund Group within a Dutch pension. Before that, Scott was a Vice President at Citigroup Global Markets and previously an Associate within the Insurance-related Structured Transactions Group at Goldman Sachs. Scott graduated magna cum laude from the University of Michigan with a BSE in Mechanical Engineering and received an MBA in Finance with distinction from the Wharton School of the University of Pennsylvania.
Scott Radke
CEO & Co-CIO, New Holland Capital
The State of the Market: A Catalyst for Change
“We might see a different return environment for public equities,” Lawrence observes, pointing to post-GFC monetary stimulus as a bygone era. The days of easy gains and low volatility are over. With public equity returns concentrated in a few high-performing sectors, diversification is critical.
The challenge lies in reallocating portfolios to capture these opportunities while mitigating risk. “How do I reallocate for the future?” Lawrence asks rhetorically. The answer lies in alternatives, which offer a way to diversify and buffer against public market downturns.
"We might see a different return
environment for public equities,"
Lawrence observes.
About Ash Lawrence, AGF Capital Partners
Ash Lawrence is Head of AGF Capital Partners, AGF Management Limited’s diversified alternatives business, and a member of AGF’s Executive Management Team. With over 20 years of expertise in alternative investments and portfolio management, Ash leads initiatives to expand AGF’s private asset and alternative strategy capabilities.His team partners with experienced investment managers, providing strategic support, resources, and capital to foster growth and innovation. Before joining AGF, Ash spent 16 years at Brookfield Asset Management, where he led Canadian real estate investments and managed portfolios across North America and Brazil. Ash holds an MBA from the Rotman School of Management and a Bachelor of Applied Science in Civil Engineering from the University of Waterloo. He serves on multiple boards and is a Global Governing Trustee for the Urban Land Institute. Ash’s early career includes financing municipal infrastructure and developing solutions for public and private sectors.
About Scott Radke, New Holland Capital
Scott Radke is the Chief Executive Officer and Co-Chief Investment Officer at New Holland Capital (NHC). As CEO, Scott is responsible for leading, implementing, and growing NHC’s business activities. As Co-CIO, Scott is responsible for portfolio management, investment research, and portfolio risk alongside David Wadler with a special focus on illiquid strategies, and Bill Young with a special focus on liquid strategies. Scott is a member of the firm’s Financial Risk Management Committee and a member of the Investment Committee, which opines on investment and portfolio decisions across NHC’s business lines. Prior to the launch of NHC in 2006, Scott was a member of the Hedge Fund Group within a Dutch pension. Before that, Scott was a Vice President at Citigroup Global Markets and previously an Associate within the Insurance-related Structured Transactions Group at Goldman Sachs. Scott graduated magna cum laude from the University of Michigan with a BSE in Mechanical Engineering and received an MBA in Finance with distinction from the Wharton School of the University of Pennsylvania.
Diversification is critical–but what kind?
Ash Lawrence talks about the kind of diversification needed in the current investment environment, and how investors can begin to think about how to thoughtfully diversify and buffer investment portfolios.
Ash Lawrence: There is generally a view that in the mid to long term looking forward, we might see a different return environment for public equities versus looking backwards for that same five- to ten-year period. We may, for the near term, you know, election results in the U. S. and some other things, see a bull run continue.
But I think generally no one is expecting the rate environment and monetary stimulus environment to return that we saw in the almost decade after the GFC. And I think in that context, when coupled with some of the concentration that you're seeing in the public markets and where that return attribution is coming from, it's not really a broadly diversified high performing public equities market right now. It's quite narrow in terms of where the returns are coming. Again. What you alluded to at the beginning, um, starting for for investors to start to think about how do I reallocate for the future, my, you know, maybe it's a basic 60 40–we'll just start with that assumption.
How do I reallocate for the future if that's my expectations on public equity returns? How do I get that diversification? And if I do think public equity returns are going to moderate to some degree over the long term, how do I reallocate so I'm not just mimicking that, in another asset class, which again, the sort of lower correlation asset classes, that's sort of the environment we think about.
Radke echoes this sentiment but highlights a silver lining: “It’s a particularly fertile time for hedge fund strategies.” Increased volatility across rate, equity, and credit markets provides “the fuel that helps with alpha generation.” Strategies like merger arbitrage, event-driven plays, and commodity-relative value trading are poised to thrive as corporate activity accelerates and historical market relationships are disrupted.
A fertile time for alpha strategies–Why?
Scott Radke shares his insight on why the pickup in volatility and uncertainty provides fertile conditions for hedge fund strategies (alpha-generating strategies).
The Tactical Alpha Edge
At the heart of the conversation was the launch of AGF NHC Tactical Alpha Fund, a multi-strategy approach designed to blend return generation with diversification. Radke emphasizes the importance of assembling a portfolio of strategies that not only deliver returns but also mitigate downside risk in adverse markets.
This fund, described by Radke as a “utility player in baseball,” offers a unique combination of attributes. Its ability to capture upside potential while buffering against downside risk makes it a powerful tool for advisors seeking to stabilize portfolios amidst uncertainty.
“The launch of the fund is also the next step in our partnership with NHC as we continue to build and grow our alternatives business and diversify our capabilities. It is exciting to bring to Canada a product that gives accredited investors access to NHC’s institutional caliber and extensive expertise in absolute return investing,” adds Lawrence.
“It’s not just about generating returns; it’s about doing so in a way that aligns with overarching risk objectives,” Radke explains.
Introducing the AGF NHC Tactical Alpha Strategy
Ash Lawrence describes how the tactical alpha strategy is complementary to traditional portfolio asset allocations in both calm, or stressed, market conditions.
The Blueprint for Success: Multi-Strategy Mastery
Both Lawrence and Radke stress the critical role of manager selection in building resilient portfolios.
Radke’s approach to manager selection blends quantitative rigor with qualitative judgment. “We’re looking for experienced portfolio managers who align philosophically around risk and have a track record of generating exceptional returns,” he says. Beyond the numbers, it’s about identifying partners who demonstrate resilience during challenging market conditions.
“It’s a people business,” Radke notes. “Judging how someone will behave when the chips are down is a different matter entirely.”
What's another way of describing tactical alpha?
Scott Radke eloquently explains 'tactical alpha' in the context what it does for a portfolio.
Radke’s focus on niche, less trafficked strategies has been a hallmark of New Holland Capital’s success. “Crowdedness tends to be a bad characteristic when markets go south,” he explains. By concentrating on a variety of less-crowded esoteric opportunities, Radke’s team has carved out a unique space in the alternatives landscape, enabling their tactical alpha strategy to stand apart from the competition.
How does New Holland Capital stand apart from its competition?
Scott Radke discusses his team's unique approach and the unique space have carved out in the alternatives landscape.
Scott Radke: We've always tended to concentrate on more esoteric strategies, niche investment areas, which sometimes are less scalable.
And that has given us the reputation as the guy to call when you have something that's a little off the beaten path that we're prepared to roll up our sleeves and do the diligence on a less conventional area that's in the belief that there's greater return potential in these less trafficked areas as well as better robustness from a risk perspective.
Crowdedness tends to be a bad characteristic when, when markets go south. So being a little bit to the side of that tends to be beneficial. So that's the other side of it, which is proven to be useful, in that obviously there's a lot of competition for talent, but seeking something that's a bit different than some of our competitors allows us to get different looks than they might.
Lawrence echoes this commitment to specialization, pointing to AGF Capital Partners’ multi-boutique structure as a model for fostering independence while ensuring alignment. “Specialists typically outperform generalists when it comes to alpha generation,” he says. This structure allows AGF Capital Partners to provide its affiliate managers with critical resources—whether distribution networks or quantitative analytics—without compromising their independence.
Education and the Long Game
For Lawrence, educating advisors about the intricacies of alternatives is crucial. “We take a bottoms-up approach, meeting advisors where they are in their knowledge base,” he says. Lawrence acknowledges that there is a wide range of knowledge levels across the advisory landscape. Whether through portfolio modeling or in-depth strategy explanations, AGF Capital Partners’ approach is designed to empower advisors to confidently integrate alternatives into their client portfolios. This involves not only explaining strategies but also modeling their impact on portfolios during both bull and bear markets.
Radke, meanwhile, cautions against the temptation to chase recent performance, urging advisors to differentiate between luck and skill. “The tendency to make trading decisions based on recent returns is the bane of every investor’s existence,” he warns.
How AGF Capital Partners empowers and educates advisors
Ash Lawrence explains how his team works with advisors to empower them to confidently integrate alts in their client portfolios.
Ash Lawrence: There's such a broad range of knowledge, especially within the advisor set.
There are advisors that are very sophisticated. They run very large books. They have analysts that help them, diligence managers, all the way down to an advisor that maybe has no alts exposure at the moment and doesn't have the knowledge. So we tackle it in a couple of different levels.
And what I just said is the first level, just understanding the knowledge base of the advisor that you're speaking to. Depending on that level, we might even take the approach of helping them understand just allocations and what the impacts of certain types of alts within their portfolio might do, including in times of market stress, as well as the good times, to Scott's point about not getting too focused on returns because things don't always go up to the right.
We have a portfolio consulting team here that sometimes we use to help model those things out. Once we have that level of understanding about where they are and how they understand their portfolio, then we can actually get into the various strategies that our team is marketing, whether that's the tactical alpha strategy that Scott and his team run, the private equity strategy that our partners at Kensington run, or our Canadian private credit strategy as well, because we'll have an understanding now of the portfolio. They'll understand how alts work if they didn't already.
Now they can think about what the different features and again, the three I described all have very different features and very different uses within a portfolio. Then we actually get into the education around the underlying strategy and what it means as well as some of the structural trade offs. That's a really important conversation to make sure that the investor understands liquidity.
I think we've seen over the past couple of years, a sort of level of, I'll call it surprise, when certain funds that limited liquidity and certain structural features allowed them to delay or slow down redemptions, and within certain investor sets, they just weren't really aware that that was how these funds worked.
And there are reasons they operate that way – for the protection of investors-both those staying and leaving. But it's really important that they understand that before they go in. It's really important that they understand a lot of these strategies should not come from the part of your portfolio that you might need to be liquid.
The Liquidity Puzzle
The illiquidity premium—often a cornerstone of alternative investing—is another key theme. Lawrence notes that determining the appropriate illiquidity bucket in a portfolio is critical. “You need to decide well in advance how much capital you’re willing to set aside for up to 10 years,” he advises. Radke added that the AGF NHC Tactical Alpha Fund’s focus on public markets allows it to offer some liquidity without sacrificing return potential. “Our structure works in both sunny and rainy markets,” he explains.
How does the AGF NHC Tactical Alpha strategy offer investors the 'best of both worlds' in terms of liquidity?
Scott Radke details how NHC is able to offer investors some liquidity without sacrificing the "illiquidity premium" of their tactical alpha strategy.
Scott Radke: Nearly all of the assets that we manage in the tactical alpha strategy are in public markets that are liquid to varying degrees. So it natively lends itself to being able to offer a liquid fund to investors without having to do 'structuring gymnastics' to make that possible.
Having said that, there's dimensions to that where some of the strategies that we pursue are on the slightly less liquid end because they're more niche and we need to monitor that carefully, and always keep in mind the promises that we've made in terms of the the terms of the vehicles that we manage.
We really orient our investors to think about the allocation to the tactical alpha strategies in particular, in a long term way, in so much as, we know through experience that return production does not happen evenly over time. There are periods that are very difficult to anticipate that just tend to be better, and some where you're working just as hard, but it just feels hard to generate the returns.
And, I think it's a mistake to try to time that, however, we appreciate that conditions change and circumstances warrant people accessing liquidity, so it's important to be able to offer that. And in a way, that's one of the things that differentiates what we do from, say, private equity, which is more natively a long term illiquid private market strategy.
Takeaways
As markets evolve, so too must the tools and strategies advisors use to guide their clients. Here are the key takeaways from the conversation:
- Adapt to New Realities: The post-GFC era of easy equity returns is over. Advisors need to think creatively about diversification and risk management.
- Focus on Manager Selection: Success in alternatives hinges on finding the right people. Look for managers who excel in niche areas and exhibit resilience under pressure.
- Balance Liquidity and Returns: Illiquid investments can provide stability and higher returns, but determining the appropriate allocation is crucial.
- Prioritize Education: Understanding the complexities of alternative strategies is a long-term process. Advisors should leverage the expertise and resources from firms like AGF Capital Partners' to enhance their knowledge.
- Embrace Diversification: Strategies like the AGF NHC Tactical Alpha Fund demonstrate the power of combining return generation with risk mitigation.
Conclusion
In a world of heightened volatility and shifting return dynamics, alternatives are no longer optional—they’re essential. As Lawrence aptly puts it, “We’re here to be your partner in your learning experience.” For advisors willing to invest the time and effort to master these tools, the rewards—both for their clients and their practices—can be substantial.
About AGF Capital Partners
AGF Capital Partners is AGF’s multi-boutique alternatives business with diverse capabilities across both private assets and alternative strategies. Clients benefit from the specialized investment expertise of Affiliate Managers combined with the organizational support and breadth of resources of AGF Management Limited (AGF). With over 18 years average experience, AGF Capital Partners Affiliate Managers’ Kensington Capital Partners Limited, New Holland Capital, LLC and SAF Group manage approximately C$13.5 billion in alternative AUM and fee earning assets on behalf of institutional and retail clients. Affiliate Manager AUM may not be consolidated into AGF Management Limited's reported AUM. US AUM converted FX rate at December 31, 2024 (1.44).
The term ‘Affiliate Manager’ refers to any partner regardless of relationship structures or revenue sharing agreements. The form of AGF’s structured partnership interests in Affiliate Managers differs from Affiliate Manager to Affiliate Manager. The structure of the relationship with a particular Affiliate Manager, or the revenue that AGF agrees to share in, may change. Affiliate Managers only provide investment advisory services or offer products in the jurisdiction where such firm, individuals and/or product is registered or authorized to provide such services.
AGF Investments Inc. is a wholly-owned subsidiary of AGF Management Limited and conducts the management and advisory of mutual funds in Canada.
The views expressed in this article are those of the author and do not necessarily represent the opinions of AGF, its subsidiaries or any of its affiliated companies, funds or investment strategies.
This article is solely for information purposes and does not constitute an offer or solicitation of an offer or any advice or recommendation to purchase any securities or other financial instruments and may not be construed as such.
Any securities referenced in this article will only be offered and sold pursuant to a confidential offering memorandum in such Canadian jurisdictions where they may be lawfully offered for sale to eligible investors who qualify as “accredited investors” under applicable Canadian securities laws. In addition, any offer or sale of, or advice related to, any securities referenced will be made only by a dealer registered in the appropriate category or relying on an exemption from registration. No Canadian securities regulatory authority has reviewed or in any way passed upon the information contained in this article or the merits of any securities referenced.
This document may contain forward-looking information that reflects our current expectations or forecasts of future events. Forward-looking information is inherently subject to, among other things, risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed herein.
®/TM The “AGF” logo and all associated trademarks are registered trademarks of AGF Management Limited and used under licence.
Copyright © AdvisorAnalyst.com, AGF Capital Partners
About New Holland Capital, LLC
New Holland Capital, LLC is an alternative investment manager that manages over US$6B in absolute return strategies for institutional clients. The firm seeks to generate alpha across a wide set of diversifying strategies, with a preference for niche, capacity constrained opportunities often with emerging portfolio managers. For more information visit https://newhollandcapital.com/.