Jay Strohmaier, CFA, Senior Portfolio Manager, presented at the annual Utility Pension Fund Study Group Conference (UPFSG) on April 26th in Scottsdale, AZ.  Mr. Strohmaier discussed the management of beta exposure within Portable Alpha strategies, as well as the concept of a Centralized Exposure Management program for institutional investors. 


Clifton’s Chief Investment Officer, Jack Hansen, CFA, presented at the 26^th Annual Risk Management Conference, sponsored by the Chicago Board Options Exchange, March 7^th through 9^th, 2010.  Mr. Hansen participated in a panel discussion on the fundamentals of employing options within institutional portfolios.  Topics discussed include: Introduction to the VIX Index, VIX futures and options; Options-related strategies; and Practical implementation issues.  Contact us if you would like to obtain a copy of materials following the conference or have interest in discussing risk management through options-based strategies.


Thomas Lee, CFA, Senior Portfolio Manager and Principal, presented at the Societe Generale Pensions & Endowments Conference, held Tuesday, January 26th at the Le Parker Meridien hotel in New York. Mr. Lee participated in a panel discussion on the implementation of risk management strategies. 


Clifton recently added indicative pricing for 10yr Swaptions (options on a 10yr swap) to the Option Overlay Matrix page. Swaptions are typically utilized in interest rate hedging (inflation/deflation) and duration extension applications.  Like the equity option matrices, swaption pricing will be updated each Monday.  View the Option Overlay Matrices for the latest premium pricing data.

Implementing Tail Risk Strategies: Read Clifton's latest white paper which discusses how "tail risk" strategies are defined and a framework for implementing these transactions in a manner that provides the greatest likelihood of achieving an investor's objectives. Please click here to read a copy.

Our Firm

The Clifton Group is a Minneapolis based registered investment advisor that has been delivering customized investment solutions to institutional investors for over 35 years.  We specialize in improving our clients’ portfolio performance through low-cost, derivative-based strategic investment applications.

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Our Team

Our investment principals have worked together for nearly 15 years and have assembled a talented group of 13 investment professionals focused on helping our clients achieve their goals.  Today, The Clifton Group is one of the leaders in derivative-based investment solutions for the institutional investment community.

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Our Philosophy

We believe that the prudent use of futures, swaps, and options can both enhance investment returns and control risk.  Our investment strategies embody three common themes: return enhancement, risk management, and efficient asset allocation.  Clifton’s programs are applied to both our overlay-only and core portfolios.

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