Maintaining a stable risk profile is the crux of the Global Balanced Risk Control team’s philosophy. Each of their strategies begins with a target range of volatility. To meet that target, they continually anticipate potential risk events across the world and apply a top- down global asset allocation approach within a risk-controlled framework. Tactical allocations across regions and sub-asset classes can add further value. The end goal is a portfolio that participates in rising markets and provides a measure of stability in volatile down markets. The Global Balanced Risk Control (GBaR) team is part of the broader Global Multi-Asset group.