- Advertisement -
- Advertisement -

Related

Team Ress Grows with Junior PM

Industry Report

- 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

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Atlant Funds Hold Up in May Despite Mistimed Market Call

Macroeconomic and market forecasts are notoriously difficult, even for experienced hedge fund managers. What matters more than being right, however, is ensuring that incorrect...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.