- Advertisement -

Related

Team Ress Grows with Junior PM

- Advertisement -

Stockholm (HedgeNordic) – The Stockholm-based portfolio management team picking and buying U.S. life insurance policies for Ress Capital’s alternative investment fund, Ress Life Investments, has expanded with the hiring of Amanda Gustafsson as Junior Portfolio Manager. The now four-member portfolio management team also includes Head of Portfolio Management Anton Pozine, as well as Portfolio Managers Fredrik Thor and Markus Biamont.

“We are delighted to announce that Amanda Gustafsson recently joined Ress Capital AB as Junior Portfolio Manager,” announces Ress Capital founder Jonas Mårtenson. “The interest in our uncorrelated return profile is increasing in the current market and Amanda will support the company’s accelerated growth”. Gustafsson has joined Resscapital from Strivo – formerly Strukturinvest, where she worked in operations management. She also worked as Portfolio Administrator and Corporate Actions at ISEC Group, as well as within Clearing and Settlement at Mangold Fondkommission.

Ress Life Investments, which buys attractively-valued U.S. life insurance policies on the regulated secondary market, has seen its assets under management grow to $377 million at the end of August from $310 million at the end of 2021 and under $200 million in 2019. The Stockholm-based team headed by Pozine bought a record number of new policies during a single month in August, with its portfolio consisting of over 480 life insurance policies.

The alternative investment fund has delivered an annualized return of 7.5 percent in U.S. dollars, exceeding its long-term target of seven percent per year. Ress Life Investments is up 7.2 percent over the first eight months of 2022. The fund’s management company has been reinforcing both its portfolio management team and sales team on the back of growing assets under management. “We are proud of what we have achieved since we launched Ress Life Investments in 2011,” comments Mårtenson. “Team Ress has grown to a total of nine people with complementary skills and diversity.”

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Maybe CTA Alpha is Simpler Than You Think: Evidence from the ETF Space

By Andrew Beer, Co-Founder of DBi: Managers of CTA hedge funds and mutual funds often argue that complexity leads to higher alpha generation. After all, why...

Lynx Marches Through March Mayhem

March was defined by a sharp escalation in geopolitical tensions, particularly involving the U.S., Israel, and Iran, creating a highly challenging environment for most investment...

Mixed March for Managed Futures

A sharp escalation in geopolitical tensions set the tone for March, as the US and Israel’s attacks on Iran triggered significant cross-asset volatility. In...

Stop Making Room for Managed Futures

By Corey Hoffstein, Co-Founder, CEO and CIO at Newfound Research: The case for managed futures as a portfolio diversifier is well established. During the...

Othania Positions Trend-Following at the Core of Multi-Asset Portfolios

Not many investors in the Nordics explicitly allocate to trend-following strategies, yet those who do often regard them as an essential building block in...

Muddling Through the Mess: Managed Futures ETFs

By Alexander Mende and Per Ivarsson at RPM Risk & Portfolio Management: Traditionally, Managed Futures (MF) strategies have been limited to hedge funds known...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -