Pulsar is a systematic global long/short equity strategy, trading liquid stocks across five markets.
Pulsar is a quantitative long/short strategy trading liquid equities across the United States, Canada, Mexico, Australia and Germany. Proprietary algorithms generate signals daily over the entire eligible universe. The portfolio typically holds 80–120 long and 80–120 short positions with a typical holding period of 7–8 business days, targeting returns driven by selection rather than market direction.
Track record, January 2023 through June 2026. Shown net of a 2% management fee and 20% performance fee. Toggle to view gross results.
2026 shown through June. Net figures are pro-forma: 2% p.a. management fee deducted monthly, and 20% performance fee accrued monthly above a high water mark and paid quarterly. The 6% annual soft hurdle was exceeded in every period shown.
For each stock, the model first runs backward over the last month. If the prediction closely matches what actually happened, we trust the signal and extend it two weeks forward.
Proprietary algorithms identify signals from latent state transitions in market data, generated daily across the full eligible universe.
Every candidate position is subjected to historical backtesting and out-of-sample testing. All models are version-controlled for full traceability.
Positions are sized by volatility-adjusted scaling, cross-position correlation models, and model-assigned conviction levels.
The book is monitored in real time. Exit rules are adaptive, responding to volatility shifts, idiosyncratic events and signal deterioration.
Risk management is embedded in how the portfolio is built. Hard limits cap concentration at every level, and net exposure is held near zero, so results depend on selection, not market beta.
An allocation to Pulsar runs through an account opened at UBS, titled to you. We believe this is the right structure for a first allocation: it removes custody risk from the relationship entirely.
The account at UBS is opened in your name or your entity's. Alinea receives trading authority only, with no ability to withdraw or transfer funds.
Positions, pricing and performance are held and reported by UBS. Verification comes from your custodian, not from us.
Your capital is never commingled. You retain direct, real-time visibility into the account at all times.
Account opening is coordinated through our existing UBS relationship, with our team supporting the process end to end.