Alternative Risk Premia
Systematic factor investing with simplicity at its core
The highly experienced team aim to deliver the purest form of risk premia, with simplicity at its core. Our strategies can be accessed via dynamic and forward-thinking platforms that allow investors to choose the best solution to meet their needs.
Specialists in factor creation and quantitative investment analysis
The Risk Premia Investment team comprises two highly experienced managers: Louis Cucciniello and Ross Wright. They are both specialists in factor creation and quantitative investment analysis. The team worked together at Deutsche Bank where they developed and managed quantitative alternative investments.
Before this, Louis served as Managing Director and Global Head of Multi-Asset Trading at Deutsche Bank’s investment bank where he created, traded and managed over $5bn of risk premia strategies.
The team together have over 35 years’ combined investment experience managing alternative risk premia strategies.
Allowing investors to choose the best
solutions to meet their individual needs
Solutions
Products
Analytics and research
Customised
Combined
Louis Cucciniello was Global Head of Risk Factors and Lead Portfolio Manager of a range of Deutsche Bank (DWS) ARP Strategiesfrom 1 Jan 2013 to 1 April 2016 where he managed 14 risk premia strategies which are unchanged and still live today.
The chart shows an equally weighted combined track record of those 14 live strategies.
Louis Cucciniello was Global
Head of Risk Factors & Lead
portfolio Manager of a range
of 16 Deutsche Bank (DWS)
ARP Strategies
From 1 Jan 2013 to 1 Apr 2016
Track record of live PAM’s risk premia.
These risk premia represent the newest
version of the risk premia Louis Cucciniello
ran at DWS.
Model from 2 April 2018 to 28 Sept 2018.
Live money form 1 October 2018 to present
Investment philosophy
Risk Premia’s three major investment principles:
1
Providing systematic exposure to well-known sources of excess return
We believe that a large portion of absolute fund returns can be explained by a range of traditional market factors and alternative risk premia.
2
premium for complexity
We believe simpler strategies perform just as well and sometimes better than their complex counterparts. Simpler strategies have also shown to have more stable risk/return characteristics.
3
Liquid, Cost Efficient Implementation
We focus on delivering the risk and return patterns of absolute returns funds to investors in a manner that is more transparent, cost efficient and highly liquid.
Why Invest?
A transparent alternative solution to more traditional, opaque and expensive Alternative Risk Premia choices.
Use of proprietary risk premia portfolio design, implementation and automation to create uncorrelated systematic investment strategies.
Highly experienced team with over 30 years’ combined investment experience managing alternative risk premia strategies.
Team utilise expertise across factor creation, portfolio allocation and quantitative investment analysis to deliver the purest form of risk premia, with simplicity at its core.
Strategies can be accessed via dynamic and forward-thinking platforms that allow investors to choose the best solution to meet their needs.
Harnessing returns across Value, Carry, and Momentum styles, covering FX, rates, equities, volatility and commodity asset classes.
Portfolio managers
Lou Cucciniello
Head of Diversifying Assets and co-manager of Risk Premia
Ross Wright
Head of Direct Indexing & Quantitative Investments
find out more:
Pacific North
of South EM All Cap Equity
Contact us
Speak to a member of the client team to find out more:
Mary Murphy
Head of Distribution
(Single Manager Strategies)
Pacific Multi-Asset Solutions Video Update – Q2 2026
< 1 minute read timeIn this Video Update, Freddie Streeter, Head of Multi-Asset Solutions, is joined by Pacific’s Chief Investment Officer and Portfolio Manager, Will Bartleet. Together, they explore the key growth drivers from the last quarter, and how Pacific is positioning for the remainder of 2026.
Multi-Asset: Market Update April 2026
4 minutes read timeFollowing a challenging backdrop in March, global equities rebounded sharply last month as risk appetite strengthened and markets discounted ongoing geopolitical uncertainty.
Global Listed Infrastructure: March Monthly Commentary
2 minutes read timeThe global listed infrastructure sector weakened over March as the war on Iran and the subsequent impact on global energy prices drove a ‘risk off’ attitude in markets. The benchmark index (FTSE Global Core Infrastructure 50/50 Index Net Tax CAD) returned -4.18%.
Emerging Markets: March Monthly Commentary
3 minutes read timeDuring the first quarter of 2026 the Strategy outperformed the MSCI Emerging Markets Index by 3.6%. Outperformance was driven by our exposure to Korea, as well as stock selection in China. The underweight to the Indian market, while reduced, has also continued to be a tailwind.
G10 Macro Rates: March Monthly Commentary
2 minutes read timeMarch 2026 net performance was negative -0.20%. Whilst a draw for the month is not what we aim for in an absolute return strategy, we can take heart that this was a month of extreme unpredictability after the sudden attack by Israel and the US on Iranian military and nuclear targets.
Emerging Markets Income: March Monthly Commentary
3 minutes read timeOver the month the fund returned -11.9% reflecting the conflict in the Middle East and the closure of the Straits of Hormuz. Given the significant gain year to date, South Korea was the largest detractor followed by South Africa.