The Rebirth of Portable Alpha: Lessons from the Past, Tools for the Future

Join CFA Society Cleveland for Lunch with Corey Hoffstein, Newfound Research, The Rebirth of Portable Alpha: Lessons from the Past, Tools for the Future

The Rebirth of Portable Alpha: Lessons from the Past, Tools for the Future

Once a staple of institutional portfolios, portable alpha strategies fell out of favor after the global financial crisis exposed their structural vulnerabilities. Yet in today’s environment of low forward-looking returns and growing demand for diversification, the concept is quietly returning—refined and rebranded. This presentation explores the historical evolution of portable alpha, the mechanics behind its modern implementation via return stacking, and the portfolio construction challenges it seeks to address in a capital-constrained world.

Sponsored by Newfound Research

Valet Parking will be provided by CFA Society Cleveland at The Union Club

Find more information about Newfound Research

Corey Hoffstein, (11) Corey Hoffstein | LinkedIn

Corey Hoffstein is the CEO and CIO of Newfound Research and portfolio manager for Return Stacked® ETFs. Corey is an active researcher and his work has been published in the Journal of Indexing and the Journal of Alternative Investments. He is also the host of the popular quantitative investing podcast Flirting with Models. Corey holds a Master of Science in Computational Finance from Carnegie Mellon University and a Bachelor of Science in Computer Science, cum laude, from Cornell University.

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Event Venue & Nearby Stays

Union Club, 1211 Euclid Ave, Cleveland, United States