MVP Life Insurance Hedge Fund Debuts

May 6 2010 | 1:27pm ET

San Francisco-based MVP Asset Management has launched a life insurance hedge fund.

The MVP Premium Fund offers secured lending to providers of premium finance and life-settlement traders across 27 life insurers. The strategy underlying the fund has returned 46% since its inception more than three years ago. Fund manager Torben Rankine said the strategy should generate returns of 8% to 10%, on average, annually.

“While 2010 to date has been affected by an imbalance of supply and demand resulting in illiquidity in the life settlement marketplace, as a burgeoning asset class, it continues to offer a compelling long-term risk-adjusted return as compared to the market as a whole,” Rankine said. “While the market until now have remained largely dominated by sophisticated investors and institutions, MVP Premium Fund is the first of its kind to offer participation in the space to those seeking lower thresholds to entry.”

The minimum investment for the new vehicle is $10,000, £10,000 or €10,000.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note