Curian Capital Introduces Tactical Advantage Strategy

Curian Capital said it expanded its Custom Style Portfolios with the addition of the Curian Tactical Advantage Strategy.

Curian is a registered investment adviser that provides a fee-based separately managed account (SMA) platform to financial professionals. The firm said the new strategy “uses a dynamic asset allocation approach that seeks to capture opportunities for growth while actively managing risk within the portfolio.”

Unlike traditional buy-and-hold asset allocation models that utilize long-term target allocations to major asset classes, Curian’s Tactical Advantage Strategy “incorporates a proactive approach to managing asset allocations within defined parameters set within a client’s base investment policy,” according to a press release. The goal is to capture incremental returns over time by tilting portfolio weightings toward asset classes that are deemed attractive, relative to other asset classes, based on cyclical trends in the market. “Tactical strategies are particularly well suited to times of increased volatility, when the long-term direction of the market is unclear,” the release said.

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The strategy utilizes a proprietary asset allocation model developed exclusively for Curian by Ned Davis Research, Inc., an independent research firm. The Ned Davis Research model provides ongoing summary allocation recommendations based on an objective assessment of current primary market trends, Curian said.

Curian said its Asset Management Team uses these recommendations to execute its Tactical Advantage Strategy, instituting appropriate adjustments to the asset allocations as needed. The strategy uses multiple decision points within various asset classes and sub-asset classes, including equity and fixed income, global equity regions, U.S. equity market cap and style, and fixed-income sectors and duration.

Clients with an appropriate risk tolerance and time horizon can choose the Tactical Advantage Strategy through Curian’s simplified proposal process, the firm said. As with all of Curian’s Custom Style Portfolios, the new strategy can also be customized for clients.


 

More information is available at www.curian.com or by contacting the Curian Sales Desk at 877.847.4192.

 

Corbat Tapped as Permanent Citi Holdings Head

Mike Corbat has been named CEO of Citi Holdings, which includes its brokerage and asset management units and local consumer finance and a special asset pool.

Corbat has served as interim CEO since Citi’s announced realignment into Citicorp and Citi Holdings on January 16, 2009, according to a Citi news release

Corbat will continue to work closely with newly appointed Citi Holdings Chairman Gary Crittenden to evaluate and set the course for these businesses, while managing risks and losses and maximizing the value of these assets.

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“In a short time, Mike and the team have done excellent work, and I couldn’t be more pleased to have him move into the CEO role on a permanent basis,” Crittenden said, in the news release.

Corbat most recently served as the CEO of Citi’s Global Wealth Management unit. Prior to that, he was head of the Global Corporate Bank and Global Commercial Bank at Citi. Corbat joined the Company in 1983 and has worked in Atlanta, New York, and London.

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