Overheard at a Stacked Portable Alpha Symposium

Overheard at a Stacked Portable Alpha Symposium

Author: RCM Alternatives October 16, 2025 Duration: 1:15:22
The Derivative
BusinessInvesting

Join Jeff Malec and Jason Buck as they dive deep into the inaugural Return Stacked Symposium held at the CBOE in Chicago. They break down key presentations from institutional leaders like Jonathan Glidden and Roxton McNeal, exploring how portable alpha and return stacking are revolutionizing portfolio construction. Hear their candid insights on leverage, uncorrelated strategies, and why this approach might be the future of investing. From pension fund strategies to practical advice for RIAs, this episode offers a comprehensive review of the cutting-edge investment conference that's challenging traditional portfolio management.. SEND IT!


Chapters:

00:00-00:47=Intro

00:48-07:13= Setting the Stage: Return Stacking Symposium Overview 

07:14-14:21=Shane McCarthy's State of Portable Alpha: Panel 1

14:22-27:28=Jonathan Glidden: Transforming Delta Pension with Return Stacking: Panel 2

27:29-42:05=Patrick Kazley's Convex Overlays: Volatility, Trend, and Portable Alpha for the Taxable Masses: Panels 3 &4

42:06-50:10= A Gaggle of Advisors - RIAs in practice & side conversations: Panel 5

50:11-01:05:49= Behind the Curtain: Pension Fund Strategies and Institutional Investment Challenges and Roxton McNeal's Deep Dive: Orthogonal Return Streams and Portfolio Complexity: Panel 6

01:05:50-01:15:22= Wrap up: Advisor Panel Insights: Return Stacking in Practice


From the Episode:

Secret Club that Runs the World

Return Stacked Podcast episode: Saving Delta’s Pension with Portable Alpha - Jon Glidden

One River - Convexity Rebalancing Act whitepaper

The Derivative podcast episode with Homer Smith - 

Dunn Capital MGMT Whitepaper - High-VOL Trend Following

AQR - Cliff Asness = Cliff’s Perspectives


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For investors looking beyond the traditional stock and bond markets, The Derivative offers a deep and practical exploration of the alternative investment landscape. Hosted by RCM Managing Partner Jeff Malec, this podcast demystifies complex strategies and brings listeners directly into conversations with the hedge fund managers and specialized investors who navigate these unique asset classes. Each episode breaks down the mechanics, risks, and opportunities behind non-traditional investments, from managed futures and private equity to niche market strategies. The discussions are grounded in real-world analysis, moving beyond theory to examine what actually drives performance and strategy in this dynamic corner of finance. By focusing on the people and ideas shaping the field, The Derivative provides an insider's perspective that is both educational and actionable. Listeners gain a clearer understanding of portfolio diversification and the tactical approaches used by professional fund managers. This podcast serves as a valuable resource for anyone seeking to comprehend the broader, often opaque world of alternatives, delivered through straightforward dialogue and expert commentary. Tune in for a focused and insightful ride through the strategies that define alternative investing.
Author: Language: English Episodes: 100

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