Saturday, 20 September 2014
Last updated 19 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.