MERIDIAN®
A multi-asset approach to balancing risk across changing market conditions.
Balance risk. Preserve the ability to act.
MERIDIAN® is a multi-asset strategy designed to operate across changing market and economic conditions. Its risk-parity framework evaluates exposures by their contribution to overall portfolio risk, seeking to maintain diversification while preserving the flexibility to pursue opportunity as conditions evolve.
Different environments create different sources of risk.
Inflation, recession, growth, and shifts in monetary conditions can affect markets in fundamentally different ways. MERIDIAN® evaluates relationships across asset classes and economic regimes to identify where risk is concentrated, where diversification remains effective, and where changing conditions may create opportunity.
Take risk deliberately. Adjust it continuously.
MERIDIAN® combines quantitative analysis with experienced investment judgment to assess how exposures interact across the portfolio. Hedging, cross-currency relationships, scenario analysis, and changing market conditions inform how risk is evaluated and adjusted throughout the trading day. The objective is not to avoid risk, but to take it deliberately where the potential opportunity justifies the exposure.
Opportunity rarely exists in isolation.
MERIDIAN® evaluates opportunities across multiple asset classes in the context of the broader portfolio. Rather than considering an exposure independently, the strategy examines how it may interact with existing positions, macroeconomic forces, and other sources of risk before determining its role within the portfolio.
Risk Management
Risk management is embedded in how MERIDIAN® evaluates opportunity. Factor and sensitivity analysis, scenario and stress testing, cross-asset correlation analysis, liquidity and concentration analysis, risk attribution, and dynamic hedging provide complementary views of how exposures may behave individually and together, including under conditions of market stress. Tail-risk and nonlinear exposure analysis add another dimension where portfolio behavior may change materially as volatility, correlations, or market structure shift. These quantitative inputs are considered alongside the experience, market sensitivity, and diverse perspectives of our investment professionals, informing how exposures are sized, hedged, and adjusted as conditions evolve. The objective is to preserve the flexibility to operate in complex, high-risk environments while taking risk deliberately where the opportunity warrants it and remaining disciplined about exposures that do not.
MERIDIAN® operates within Quassar Capital’s commitment to professional judgment, accountability, and integrity. Investment decisions are expected to reflect the firm’s standards and controls, with responsibility extending to how opportunities are evaluated, risks are taken, and capital is managed.
