WAYNE, PA — Palladiem, LLC, based in Wayne, PA, announces the launch of two new direct indexes (investable) for investors; The Risk Managed Gold Index (GRIN) and The Crypto Opportunity Index (COIN).
The launch is a collaborative effort with IDX Insights, Scottsdale, AZ. The indexes are available as a separately managed portfolio. These strategies are designed to mitigate the downside risk of holding each of these two assets classes in a long-only position and providing diversification away from equities and bonds.
Don Robinson, CEO & Chief Investment Officer of Palladiem, LLC stated: “We are very excited to launch these two new indexes in partnership with IDX and believe the time is now to take advantage of this novel approach to managing downside risk in these two assets, while still reaping the benefits of a large part of the upside as well as better diversifying equity and bond portfolios. We have been an investor in gold on behalf of clients over the years, especially during periods of central bank money printing and great uncertainty. Cyrptocurrency has always piqued our interest based on the underlying blockchain technology and as an alternate currency. The extreme volatility in Bitcoin has prevented us from directly investing in the digital asset until now, with the launch of a risk-managed approach to buying and trading Cryptocurrency.”
Ben McMillian, Chief Investment Officer of IDX Insights, stated: “We’ve always been proponents of taking a risk-focused approach to exposure construction. Particularly with the level of interest we see in gold and crypto assets, we believe now it is more important than ever for investors to have access to exposures that seek to manage the inherent risk within these asset classes. Don and his team bring a long history of successfully managing risk in the OCIO space, and this is just the next evolution in that journey.”
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