Fri, May 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Radio

Can an allocation to physical timberland be structured to generate a stream of steady returns (cash flows)?
Radio Feature Six: Doug St. John in conversation with Sona Blessing
 
Friday, January 28, 2011

radio Doug St. John is director of client services with Green Crow Management Services LLC, a provider of timberland services to institutional and high net worth investors. He has over 15 years of experience in forest management, and information technology implementation in forestry. Based out of Seattle, Doug guides and supports investors in accessing the natural growth and real asset values of timberland investments.

 Download this feature as MP3 (28.00 MB)

 
Listen to the complete feature
In this feature we examine the asset’s cash flow generating characteristics, asset-liability matching function, embedded real options, drivers of timber prices in the future and the risks.

Duration: 12:14 

  logo

Or listen to selected sub-features
  • Q1 - A question that is often raised in the context of a (physical) timberland allocation is whether, it, as an asset class can deliver a steady cash flow/return stream?
    Doug, could you share insights on why and how this can be achieved?
    • Customisation of cash flows/return streams
    • Age of the forest - timing harvests
    • Managing productivity to optimise returns


    Duration: 04:03 


  • Q2 - Exploit the "certainty" of returns element that physical timberland offers in asset liability models.
    Timberland acts as a hedge to unanticipated inflation - "inflation resistant" characteristic.

    Duration: 01:29 


  • Q3 - Sources of returns: Embedded options?

    Duration: 01:37 


  • Q4 - Under what circumstances do you anticipate a demand-supply mismatch leading to higher timber prices?

    Duration: 01:13 


  • Q5 - Supply shocks - the role of Canada? Other supply constrains?

    Duration: 01:40 


  • Q6 - In the future, how do you see timber prices evolving? Why?
    • What are the risks associated with investing in timberland?


    Duration: 02:09 



Radio Link
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  2. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  3. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  4. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  5. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom