Investment Solutions

Defensive overlays and bespoke portfolios.

Resonanz Capital designs and manages bespoke portfolio solutions — combining defensive overlays, QIS-based risk management, and disciplined implementation for wealth managers, family offices, and institutional investors who need a programme they can govern and explain.

Subscribe to the newsletter

Most portfolios are not well-hedged. They are simply not yet stressed.

How do we protect the portfolio against both sudden shocks and slow, grinding drawdowns — without permanently sacrificing return?

How do we implement a hedging programme that holds up in front of an investment committee?

How do we deploy QIS systematically, with the governance and process clarity our institution requires?

How Resonanz Capital Builds Investment Solutions

Define the Risk Path First

Before any instrument is selected, we define exactly what we are protecting against. The risk path determines the solution. Not the other way around.

Overlay Design and QIS Implementation

We design and implement defensive overlays using QIS structures and liquid alternatives — built to a specific objective and implementable within your existing framework.

Ongoing Management and Reporting

Continuous oversight, reporting built for investment committees. Every decision documented. Every rationale explainable.

Two distinct risk profiles. Two distinct solutions.

Not all portfolio risk looks the same. Sudden dislocations require convexity structures that respond immediately. Persistent drawdowns require dynamic, directionally-responsive strategies. We map which risk path applies, then design implementation accordingly.

Convexity structures for event and tail risk protection

Trend-following and systematic overlays for drawdown resilience

Combined frameworks for portfolios exposed to both risk types simultaneously

Two distinct risk profiles. Two distinct solutions

A hedge that cannot be executed when it matters is not a hedge

A hedge that cannot be acted upon in stress is a contingency plan with no trigger. We build solutions with pre-agreed monetisation frameworks, clear governance, and operational readiness — so the response is already defined when it matters most.

Pre-agreed monetisation and rebalancing protocols embedded in every programme

Attribution by source of risk and return, not headline performance alone

Reporting structured for investment committee review from day one

A hedge that cannot be executed when it matters is not a hedge.

A structured path to implementation.

Define your risk objectives

Share your portfolio context and governance requirements. We start from where you are.

Receive a structured solution design

We develop an overlay blueprint with clear rationale, instrument selection, and governance documentation.

Implement with confidence

Deploy a solution you can explain and report on — managed with ongoing oversight by the team that designed it.

Receive regular investment content

Subscribe to get our thinking on defensive strategies, QIS, and multi-strategy investing, delivered directly to your inbox.

Read our thinking

QIS in October: Equity Breadth Returned. Rates Reversed. Credit Weakened.

October reversed most of September’s strongest systematic themes. September had paid rates momentum and rates convexity as sovereign yields repriced sharply higher. In October, Rates Momentum fell 1.77% and Rates Long Volatility lost ...

8 min read

Volatility Targeting Can Synchronise the Selling

A large pool of money bought equities through 2026 for a reason that has little to do with company earnings or the economic outlook. Volatility-target funds add exposure when markets are calm, because their instruction is to hold risk ...

7 min read

When Risk Controls Make Diversification Conditional

In March 2026, several of the large multi-manager platforms lost money together as crowded macro positions came under pressure. In July a similar shock, the unwind of crowded technology positions, ran through the same industry but produced ...