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Portfolio stability needs a new approach.

Fixed income and other stabilizing assets face mounting headwinds that can lower return potential and increase correlation in today’s markets.

Why NOW
The NOW Advantage

A real diversifier should behave differently from stocks and bonds when it actually matters.

01

The Challenge

Bonds no longer stabilize. Rate uncertainty persists, volatility is higher, and asset correlations often rise at the worst times. Investors are left struggling to find diversification without sacrificing upside potential.

02

The Solution

The NOW Core Strategy: an actively managed global macro portfolio built to generate returns in calm markets, add resilience in stressed ones, and genuinely diversify across changing economic regimes.

03

The Access

Available through a strategic relationship with a leading global financial institution across a range of solutions, including principal-protected notes with enhanced participation and tailored portable alpha structures.

The Challenge

The stabilizer isn't holding up its end of the bargain anymore.

And this stability isn't free: it consumes capital that could otherwise pursue higher-return opportunities. At the same time, the market characteristics that once made defensive assets dependable have changed. Investors are trading lower return potential for a buffer they can no longer count on.

Every portfolio has a stabilizing allocation, its ballast, the part designed to hold steady when markets turn. For decades, that role belonged to fixed income. Traditional stabilizers aren't holding up their end of the bargain anymore.
Edward Olanow, Chief Executive Officer
Three forces at work
01

Higher Volatility

Bonds are more prone to meaningful drawdowns.

02

Rising Correlations

Stocks and bonds increasingly move together in stressed markets.

03

Rising Concentration

Equity index returns are increasingly dependent on fewer names.

What if investors could pursue meaningful diversification without abandoning potential upside?

The Solution
The Solution

The NOW Core Strategy

The NOW Core Strategy is an actively managed global macro strategy designed from the ground up with differentiated sources of return. It is built to serve as the stabilizing core of a modern allocation.

The strategy aims to enhance return potential beyond fixed income across varying economic regimes, while delivering lower equity correlations when it matters most...during periods of market stress.

How it is built to behave

Correlation to bonds*

NOW CoreBonds
CalmStressed

Low across market regimes

Correlation to equities*

NOW CoreEquities
CalmStressed

Lower when it matters most — under stress

Illustrative examples only — conceptual depictions of correlation behavior, not real performance data, projections, or targets.

The framework

Opportunistic Global Macro

01

High-conviction investments across global markets, sized to the strength of the opportunity.

Multiple Return Engines

02

Deliberate allocations to market-neutral systematic strategies work alongside the macro engine to broaden sources of return.

Adaptive Across Regimes

03

Built to diversify across changing economic and market regimes.

Active Risk Management

04

Designed to mitigate downside risk and add resilience when markets come under pressure.

NOW aims to offer investors true ballast without asking them to abandon attractive return potential.

The Access
The Access

A range of structures built around investor needs.

The NOW Core Strategy can be accessed through several capital-efficient structures, including a principal-protected note designed as a familiar alternative for stabilizing allocations.

Strategic relationship

Available through a strategic relationship with a leading global financial institution.

A triangulated architectural space-frame against the sky: the engineered lattice that structures the strategy into an accessible note.

Many ways to access the strategy

How it works

Principal-Protected Note

100%

Principal returned at maturity*

Powered by the NOW Core Strategy

Global macro return engine inside the note

Enhanced Participation

200%

Strategy upside, paid through periodic coupons**

* Subject to the creditworthiness of the issuer.

** Current 10-year note offering. Pricing is indicative only and subject to final terms at issuance.

Leadership

A proven body of work.

NOW is led by a team with 30+ years of experience in asset management, macro trading, and investment operations.

Edward Olanow

Edward Olanow

CEO + Chief Investment Officer

  • 30+ years in asset management
  • Formerly Weiss Multi-Strategy Advisers

Edward is a founding member of NOW Asset Management with 30 years of experience in asset management and structured investment solutions. Previously, he was Director of Investment Solutions at Weiss Multi-Strategy Advisers, where he oversaw structured note offerings and portable alpha strategies. He also served as Portfolio Manager of the Weiss Alternative Market Neutral Fund and the Weiss Alternative Multi-Strategy Fund. Earlier in his tenure at Weiss, Edward spent a decade as a Co-Portfolio Manager, Trader and Quantitative Analyst on the firm's Macro team.

Before joining Weiss in 2005, he worked as a Quantitative Analyst at Anchor Point Asset Management, a global macro fund, and began his investment career as a Research and Quantitative Analyst with Citibank Global Asset Management. Edward holds a B.A. in Economics from Emory University.

Contact

How can we help?

NOW works with qualified purchasers and institutional investors, including RIAs, family offices, insurance companies, endowments, and pension plans. To learn more about the firm and the NOW Core Strategy, contact us.

Phone+1 914 901 1040Emailinfo@nowassetmanagement.com
OfficeNOW Asset Management LLC
1 Manhattanville Road, Building 1
Purchase, NY 10577
How can we help? *

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