INNOVATIVE INVESTMENT STRATEGIES
Since 1986, Mount Lucas Management LP has provided innovative alternative investment strategies to institutional and high-net-worth investors that enhance and diversify traditional investments. Mount Lucas’ investment professionals have extensive experience in the development and use of systematic investment strategies that access alternative risk premia as well as a long history of discretionary macro trading and risk taking.
STRATEGIES TO MATCH YOUR INVESTMENT CRITERIA
Mount Lucas offers a number of distinct alternative investment strategies for clients who are seeking diversification, liquidity, and rigorous risk management. The firm’s investment philosophy is rooted in earning the risk premiums available to investors across asset classes, market segments, and investment styles through transparent, flexible investment vehicles.CONTACT US TO LEARN MORE
Since its inception over 30 years ago, Mount Lucas has been a leader in systematic trend following strategies and was a pioneer in identifying the beta in that market. Across many market cycles, Mount Lucas has managed both quantitative and concentrated discretionary portfolios within its macro strategies. Led by Tim Rudderow, the CEO and Chief Investment Officer, the investment team has over 130 years of combined industry experience.
Systematic Trend Following
Futures markets have evolved over the past 150 years with a single purpose - to allow businesses to manage price uncertainty. Before 1988, there was no passive index to measure the returns to risk bearing in futures markets.CONTACT US TO LEARN MORE
In 1988, Mount Lucas Management introduced the MLM Index as the first passive index of returns to futures investing. The objective of the MLM Index strategy is to provide pure systematic trend following exposure in a consistent, efficient, and cost effective manner which captures the price risk premium offered by those who seek price certainty.
systematic global macro
MLM Symmetry is a quantitative liquid alternative strategy that balances an investment in broad economic growth through the premiums available in the equity and credit markets with diversification and crisis protection available in the futures markets. The objective is a strategy that performs across market cycles and accesses the varied risk premia available across asset classes.CONTACT US TO LEARN MORE
MLM GLOBAL MACRO
CLASSIC GLOBAL MACRO STRATEGY
MLM Global Macro combines the robust quantitative methodology of MLM Symmetry and adds discretionary risk taking based on over 130 years of combined experience of the firm's senior investment principals. The strategy's objective is to earn the varied risk premiums available to investors through the quantitative portfolio while seeking outsized returns through directional concentrated discretionary positioning.CONTACT US TO LEARN MORE
The strategy reflects the principal's long histories of successful investing, their diverse backgrounds in business, economics, and finance, and the market-proven algorithms that formed the basis of Mount Lucas nearly 30 years ago. The strategy invests in fixed income, equity, currency, and commodity markets throughout the world, primarily through a variety of liquid instruments traded in major financial markets.
MLM FOCUSED LARGE CAP VALUE
LARGE CAP VALUE EQUITIES
The MLM Focused Large Cap Value strategy is a systematized approach to identifying large cap stocks with a deep value profile. The strategy’s purely quantitative approach and defined holding period allows it to both avoid value traps and capitalize on the behavioral biases that come with an actively managed approach to investing in equities.CONTACT US TO LEARN MORE
MLM Focused Large Cap Value utilizes a pair of unique algorithms to construct its portfolio. The first algorithm focuses on traditional valuation metrics to identify deep value stocks. The second algorithm adds diversification to the strategy by finding momentum without excess volatility.
The MLM Focused Large Cap Value strategy has been in use in US markets since 2000. In 2007 the strategy was applied to the European and Japanese markets.
Click here to learn more about MLM Focused Large Cap Value.
MLM GLOBAL TREND & GLOBAL MULTI-ASSET INCOME
EQUITY AND INCOME TACTICAL ALLOCATION STRATEGIES
The MLM Global Trend strategy seeks to access the global equity risk premium while using proprietary trend following technology to tactically reduce exposure in times of equity drawdowns. The strategy invests in North America, Europe, Japan, Emerging Markets, and Commodities.CONTACT US TO LEARN MORE
MLM Global Multi-Asset Income strategy seeks to access income producing assets across the capital structure while using proprietary trend following technology to tactically allocate across asset classes, duration, and credit quality. Protective when it needs to be (either in a risk off or rising rate environments), and aggressive when and where it can be maximizing income opportunities. The strategy invests in investment grade debt, high yield debt, emerging debt, dividend equity and alternative income assets.
IN THE NEWS
Jul. 19, 2019
Bloomberg Businessweek Podcast
The July 19th episode of Bloomberg's Businessweek Podcast is titled "Management Lessons From the Apollo Moon Landing". President and CIO of Mount Lucas, Tim Rudderow, speaks at approximately the 26 minute mark.
Looking Beneath The Hood Of Factor Investing
Feb. 28, 2019
Financial Advisor Magazine
Factor investing, particularly within the scope of risk premia strategies, has been a popular topic. Vanguard has convinced the investing community that beta can be achieved by buying passive indices and the cost of owning beta should be very low. Investors use risk premia strategies as a source of generating alpha. But, are people looking carefully enough when evaluating these strategies? Much gets hidden in broad risk and return statistics. We thought we would take a deeper dive into how factors behave over market cycles.
Boutique of the Week: Mount Lucas Management
Feb. 25, 2019
City Wire USA
Mount Lucas Management started life as the offspring of a firm called Commodities Corporation, a private commodity and futures trading company that is credited with launching the careers of legendary hedge fund managers such as Paul Tudor Jones, before being bought by Goldman Sachs in 1997.
Risky Assets Move in Tandem, Stoking Fears More Volatility Lies Ahead
Jan. 23, 2019
The Wall Street Journal
Stocks, bond yields, commodities and other risky assets have continued moving in lockstep lately, raising hopes that this year’s nascent rebound will continue but also fueling worries momentum could once again reverse.
Jan. 14, 2019
Financial Advisor Magazine
History doesn’t repeat, but it rhymes, or so the saying goes. In retrospect, we see many similarities between 2018 and 1994.
Since 1986, Mount Lucas has provided innovative investments to institutional and high-net-worth investors. We offer clients a range of investment products that include actively managed strategies and proprietary passive indices. Our long-term tenure in the investment industry attests to our commitment to diversification, liquidity, risk management, and transparency.
Mount Lucas takes a vigorous approach to the research component of the investment process, reviewing a wide array of third party reports as well as proprietary research.
The selection process benefits from the investment committee’s thorough multi-disciplinary research and analysis, reinforced by proven expertise of all
Proprietary research and trading model software along with top-tier OMS, provides seamless execution and real time portfolio monitoring.
Access to industry standard portfolio and research tools and data provide the investment team with the proper infrastructure to excel.
Trading liquid markets is the cornerstone of our risk management mentality. Investment strategies are implemented with primarily exchange-traded instruments and we do not have a lock up period for any of our strategies.
The management team views each client as a business partner with full access to their capital.
Since 1986 the Mount Lucas team has been infused with unusual diversity and continuity, who have taken pride in offering institutional level products, service, and operations. Firm principals are supported by key staff in trading, client service, operations, and information technology. From inception, outsourcing has been employed whenever possible, enabling staff to take a top down approach to managing the firm's operations while keeping the business nimble, flexible, and scalable. Operations that are outsourced in part or in full include fund administration, compliance, risk analytics, cyber security, infrastructure monitoring, and disaster recovery.
- TOLL FREE: 800-545-0071
- PHONE: 267-759-3500
- FAX: 267-759-3501
- EMAIL: firstname.lastname@example.org
- Mount Lucas
- 405 South State Street
- Newtown PA, 18940
- Philadelphia, PA | web | map
- 40 miles, 45 minutes
- Newark, NJ | web | map
- 60 miles, 60 minutes
- JFK, NY | web | map
- 85 miles, 90 minutes
LOCAL TRAIN STATIONS
- Trenton, NJ
- 14 miles, 20 minutes
- Hamilton, NJ
- 19 miles, 25 minutes
- Philadelphia, PA (30th Street Station)
- 33 miles, 40 minutes
- The Bridgetown Mill House | web | map | 215-752-8996
- 2.5 miles, 5 minutes
- Homewood Suites by Hilton | Web | Map | 215-860-5080
- 2.1 miles, 5 minutes
- Hampton Inn & Suites Newtown | Web | Map | 215-860-1700
- 3.5 miles, 10 minutes