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Bailey McCann, Opalesque New York: Randy Swan and the team at Swan Wealth Advisors might not jump to mind when you start thinking about asset managers, but they probably should. Since 1997 the firm has run a strategy that eschews a lot of exotic overlays and market timing to provide consistent performance. Once a group of private separately managed accounts, the team moved into the retail space by offering a mutual fund that relies on its core strategy.
Now, Swan is expanding again, this time into reinsurance.
In a way, adding a reinsurance offering will take Swan back to his roots. Before opening Swan Wealth Advisors, Randy worked at KPMG as a senior manager in the Financial Services Group focusing on insurance companies and working with risk managers. He came to reinsurance through a relationship with the principals at MultiStrat Re, a reinsurance platform backed by Taussig Capital and Middlebury Securities. Opalesque previously reported on the launch of the MultiStrat Re platform, Swan’s reinsurance company – SwanRe represents the expansion phase of MultiStrat. (Refer to our exclusive coverage for an in-depth view of the platform.)
Swan is poised to be one of the foundational reinsurers on the platform by backing Swan Re with the flagship Swan Defined Risk Strategy of its mutual funds and managed accounts. The Defined Risk Strategy is a...................... To view our full article Click here
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