AA Life Fund
Fund of funds that invests in US life settlements
Structure facilitates broad based diversification of life settlements, spreads counterparty risk, and is an indirect investment in life insurance policies
Currently only a negligible percent of the potential pool of life settlements in the US are surrendered/ traded on the secondary market
Expertise on investing in stamps and autographs
The rare stamp and autograph markets have an enviable price history, this sets them aside from other alternative investments. There is full data available, year by year, on every stamp ever printed. This amounts to over 4 mn stamps worldwide.
investors are able to track the performance of any rare stamp over 140 years as prices have been carefully documented in Catalogues dating back to 1865. The British Rail Pension Fund showed, collectables can be a profitable holding as part of a pension fund. Liquidity is not immediate and stamps are not priced on a daily basis but there is no reason why a holding of top quality rare stamps of a highly collectable country should not make up part of a fund.
The Wine Investment Fund
The fund aims to deliver absolute returns by buying, storing and selling some of the finest wines in the world
It follows a proprietary investment philosophy, “Price Step Theory” that suggests fine wines, in limited supply, tend to experience quick, short price bursts as opposed to a linear progression in their value, over time.
FX Series With Hathersage Capital – II
Our experience, as early FX option market makers has taught us to be long as opposed to being short gamma, since extreme events or markets can wipe out option sellers.
A common mistake is to confuse objectives - managing risk or volatility versus seeking absolute return. Managing FX risk is formulaic and inexpensive. It is important to distinguish skilled absolute return FX managers from those hedging FX risk in non-base currency (international) assets.