Best Niche Hedge Fund 2019 – Ress Life Investments
Resscapital AB is pleased to announce that our fund Ress Life Investments was awarded Best Niche Hedge Fund at the Hedge Funds Review European Awards 2019.
The Hedge Funds Review European Performance Awards recognise the best hedge funds and funds of hedge funds in Europe. The winners are selected based on a methodology that combines both quantitative and qualitative analysis. Shortlisted candidates are ranked based on returns, Sharpe and Sortino ratios and downside deviation. The funds with the best aggregate rankings go before a judging panel that selects the winners by considering the results of the quantitative analysis and other qualitative factors.
The company’s founder, Jonas Mårtenson together with CEO Gustaf Hagerud received the prize at the awards ceremony in London last week. Ress Life Investments seeks to offer uncorrelated returns by purchasing life insurance policies at a discount and holding them until they pay out. The fund generated an annualised return of 7.7 percent in the past 36 months after gaining 9.9 percent last year.
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About Resscapital
Resscapital AB is an alternative investment fund manager (AIFM) authorised and regulated by the Swedish Financial Services Authority (Finansinspektionen).
We have since 2011 bought a diversified life insurance portfolio on behalf of Ress Life Investments, which is listed at Nasdaq Copenhagen. Proprietary portfolio management systems and pricing models have been developed. The company also collaborates with an independent medical underwriter specialising in senior mortality.
The management team has complimentary backgrounds and international experience from having worked at major banks, institutional investors and hedge funds. The board of directors consists of both successful entrepreneurs and senior managers with extensive experience from the financial industry.
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Attractive Long-Term Returns
Ress Life Investments A/S purchases US life insurance policies in the secondary market. The company owns a diversified portfolio and policies are issued by over 50 highly rated US life insurance companies. The investment objective is to provide attractive uncorrelated returns in USD over the long-term. Ress Life Investments is listed at Nasdaq Copenhagen since 2015.
Attractive risk-adjusted return – the target return is 7% per annum in USD without any leverage.
Low volatility – a well-diversified life insurance portfolio offers investors stable and attractive risk-adjusted returns. Monthly historical volatility during the last five years is 4%.
Risk diversification – the return profile of the life insurance portfolio is characterised by low correlation to other asset classes, which makes the strategy attractive for investors seeking risk diversification.
Exchange-traded – the company is listed and a market-maker provides daily prices.
Ress Life Investments A/S is a limited liability company incorporated in Denmark. The company is an alternative investment fund (AIF) managed by Resscapital AB, a limited liability company incorporated in Sweden. Resscapital AB is authorised as an alternative investment fund manager (AIFM) and supervised by Finansinspektionen, the Swedish Financial Supervisory Authority.
The depositary for Ress Life Investments A/S is Nykredit Bank A/S. The administrator is Citco Denmark ApS, which is part of the Citco Group. The independent board consists of three members with extensive experience from the financial markets. Ress Life Investments A/S is audited annually by Deloitte.
Ress Life Investments A/S is admitted to trading and official listing on Nasdaq Copenhagen. The company’s short name is RLAINV, ISIN DK0060315604. Current prices can be found under the segment – Alternative Investment Funds on NasdaqOMXNordic.
Swedish and Danish retail investors and professional investors, as defined by the European Union’s MIFID directive, may also subscribe for shares on a monthly basis at the company’s current net asset value per share.