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With the U.S. economy at risk of recession, Save's Global Multi-Strategy portfolio is the continuation of the brand's continued innovation in the banking sector, creating a series of dynamic investment portfolios that seek to generate returns by using a variety of investment strategies.

The Global Multi-Strategy portfolio has been designed in partnership with Second Foundation Partners, the publisher of Epsilon Theory and managers of a global macro hedge fund that utilizes their pioneering research. This research focuses on generating market-based returns by making trading decisions using natural language processing (NLP) analysis of financial news. These trading decisions are implemented via liquid ETFs, seeking to generate returns across market regimes by combining six sub-strategies.

Each sub-strategy has been built using a cutting-edge quantitative approach - the culmination of a decade of research and development - that aims to exploit how financial markets respond to the evolution of themes and patterns, or 'narratives', for example, the emergence of concerns about a market bubble. Using both big data (millions of media articles and transcripts) and big compute (trillions of unstructured data operations), the strategy generates daily buy-and-sell signals across global assets.

Currently, the key themes driving the portfolio positioning relate to inflation, interest rates, and recession concerns.

"By building our portfolios with the hedge fund industry, we're able to better serve growth demands from a broader group of customers, including more affluent conservative investors," said Michael Nelskyla, Founder and CEO of Save. "While no portfolio return can ever be guaranteed, we're confident that our new Global Multi-Strategy can provide the return profile our customers are looking for."

"We're excited to explore new applications of our investment technology," said Ben Hunt, co-founder and CIO of Second Foundation Partners, "including novel deposit products for the banking industry."

"Our foremost aim is to optimize returns for our customers," said Adam Watts, COO and President of Save. "With our Global Multi-Strategy, Save customers will have access to an investment strategy typically reserved for hedge funds and their clients. This portfolio will use performance signals for more robust outcomes, and we believe it will perform well over different types of market conditions."

Save, an SEC-registered investment adviser, expects the return potential of its Market Savings program on its innovative Savetech platform to be higher than traditional high-yield interest savings accounts, all while customers' deposits remain FDIC insured.1 The program yield is not guaranteed but will vary according to underlying portfolio and market performance.