Wednesday, 26 November 2014
Last updated 11 hours ago
Sep 26 2008 | 11:31am ET
One emerging hedge fund shop is offering spooked investors a different approach to alternatives.
Newport Beach, Calif.-based Browndorf PEM has launched the Browndorf Life Settlement Funds to manage portfolios focused on longevity-based or life-linked assets, such as synthetic senior life settlements.
Co-portfolio managers Matthew Browndorf and Jonathan Sadowsky will use financial structures such as longevity contingent swaps and index products issued by the four major global financial institutions currently active in the space to generate stable returns with low volatility for their investors.
“With the credit markets experiencing a severe and unprecedented market dislocation, being able to offer our investors a product with more stable returns that are both uncorrelated to traditional markets and which exhibits reduced return volatility gives us a huge advantage in what I believe will certainly be a new investment paradigm going forward,” said Browndorf.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...