Tue, Jul 7, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent