A fund that invests in niche community banks
"Commercial banks have historically experienced low default rates, with an average of 0.34% per annum measured ..."
The depository institutions within the fund’s target asset range, have recently experienced new challenges. Financial institutions are continually looking for new funding sources to keep up with the growth in their assets, particularly loans.
A fund that invests in convertible instruments
Core to this philosophy is a belief that it is possible to structure an investment in a public company that will forsake some of the upside in exchange for having downside protection.
Fund focuses primarily on providing alternative funding options for micro-, small- and mid-cap publicly traded companies, and, to a lesser extent private companies, in the form of financing structures that are negotiated directly with the issuer companies and that typically have a public equity market exit.
Transformation: from conservative, traditional only portfolio allocating to one that includes "non traditional assets"
"We use „quantitative“ models for strategic asset allocation - this is conducted in the context of an asset liability management study that enables us to build and review different optimisation measures. However, ..."
How a conservative Swiss pension fund with traditional only allocations has successfully made the transition to one that allocates roughly 10% to “non traditional assets.”