Stockholm (HedgeNordic) – With Ress Life Investments approaching $300 million in assets under management, its management company has been reinforcing both the portfolio management team and the sales team responsible for serving existing clients and onboarding new ones. Stockholm-based Resscapital has now expanded the sales team led by founder Jonas Mårtenson with the hiring of Emily Tranberg (pictured).
“Resscapital is pleased to announce that Emily Tranberg has joined our sales team,” announces the asset manager of Ress Life Investments, an alternative investment fund investing in the secondary market for US life insurance policies. “Since assets under management in Ress Life Investments continue to grow and are now approaching $300 million, we need to strengthen our team,” comments Mårtenson, founder and head of sales at Ress Life Investments.
“Since assets under management in Ress Life Investments continue to grow and are now approaching $300 million, we need to strengthen our team.”
Emily Tranberg has joined Resscapital from Nordnet Bank AB, where she worked as customer operations officer responsible for handling the bank’s client accounts, Know Your Customer (KYC) /Anti-Money Laundering (AML) measures and compliance within this area. She holds a bachelor’s degree in Business and Economics with a focus on management from Stockholm Business School at Stockholm University.
“I am very happy to have become a part of Resscapital and most grateful for the opportunity to work alongside such experienced, professional and cheerful colleagues,” Tranberg comments on joining the Resscapital team. “I already feel like a part of the team, having received a warm welcome right from the start. I am really looking forward to starting my journey with the company and to growing together with them.”
“I am very happy to have become a part of Resscapital and most grateful for the opportunity to work alongside such experienced, professional and cheerful colleagues.”
Ress Life Investments seeks to generate high single-digit returns uncorrelated to traditional asset classes by acquiring US life insurance policies on the secondary market. The alternative investment fund has generated an annualized return of seven percent in the past five years to reach its net-of-fees return target of seven percent in US dollars, with returns exhibiting a correlation of only 0.07 with the MSCI World and 0.04 with the S&P 500. According to Mårtenson, “an increasing number of investors are looking to diversify their risks with equity markets at an all-time high.” He goes on to emphasize that “the stable returns and low volatility in returns generated by Ress Life Investments can serve as an alternative to fixed-income investments.”