Securitisation - Non Life Risks
There are a number of risks which lend themselves to capital market risk transfer, or securitisation. They include catastrophe peril such as earthquakes, windstorms (including hurricanes and typhoons) and floods, and other non life risks associated with motor coverage, industrial liabilities and aviation.
Osiris Equities EMU Behavioural Value
- Focus: long only, large- mid-cap EMU equities - fund’s investment philosophy is based on behavioural finance, asset allocations are manager supervised but essentially the process is model (quant) –driven.
- Fund’s strengths: robustness of model - screens, management team’s expertise, ability to sustain performance despite growth – ie. increase in assets under management.
The Vintage Wine Fund
The fund's trading activity is executed using a unique web-based screen that posts bid and ask prices for the wines traded, updated live. The fund acts as a market maker, like a principal trading firm, as opposed to most others who limit their intervention to agency or brokerage intermediation. Such trading activity, brings 5-6% per annum additional return over and above the passive price appreciation of the stock
Expertise on investing in entertainment backed assets
The entertainment sector is perceived to have higher risk because of the many “unknowns” on how profits are generated. The industry has always looked at profit from a pre and post tax standpoint which by its nature makes the financing risks more unclear for an outsider. Furthermore, some of the perceived risk stems from the fact that cash flows in the entertainment sector are not as linear as they are in other industries.