Currency pair mean reversion, equilibrium - exploited in a portfolio
We also have some evidence that the adjustment toward equilibrium levels tends to be non-linear. This means that currencies with larger misalignments are increasingly likely to mean-revert rapidly.
Yet, over long horizons, currencies do appear to tend to return towards accepted measures of value.
Over short horizons, exchange rates do not appear to exhibit any systematic reaction to changes in economic variables. This stokes analysis based on politics, market psychology and many other factors that can have passing effects. Yet, over long horizons, currencies do appear to tend to return towards accepted measures of value.
A fund that implements diversified strategies focused on investing in longevity/mortality risk
Expertise and experience in premium financing as well as in re-insurance
There is an estimated USD19 trn in force life insurance in the US - very fragmented, poorly understood, and is just emerging as an asset class that offers significant arbitrage opportunities
Innovations in product development allowing for third party investors to finance the premiums on new-issue or already in-force life insurance policies
A shipping fund
Pursues an operating and charter strategy
Access to income generated by the ownership and operation of ships without committing large amounts of capital