Matthew Browndorf, Chief Investment Officer of Browndorf PEM, LLC, spoke today at a life settlements conference in New York on the future of the life settlements asset class and the role synthetics and securitizations will play.
Orange County, CA (1888PressRelease) October 01, 2009 - Matthew Browndorf, Chief Investment Officer and Founder of Browndorf PEM, LLC, spoke today at the Life Settlements and Longevity Summit in New York City, New York on the future of the life settlements asset class and the role synthetics and securitizations will play.
The Life Settlements and Longevity Summit is the largest event for institutional investors, investment bankers and hedge funds that are active in the life settlement space. Recently, institutional investor interest in the longevity markets as an alternative asset class uncorrelated to traditional investments, such as equities, is leading a charge by global investors who are behind a steady flow of capital into the U.S. life settlements’ market.
“The future of the life settlements market from an institutional investor point of view is tilting towards synthetic instruments and securitized structures,” said Browndorf. “As we discussed on the panel this morning, synthetic life settlements allows for the systematic targeting of a life settlement portfolio’s risk profile, allowing us as asset managers to construct and manage a portfolio of longevity risks that seeks to optimize the risk-return and cash flow profiles to a client’s investment objectives. In addition, the recent interest in the securitization of life settlements will, if done correctly and strategically, provide both more liquidity and transparency of information into the marketplace, which will serve to increase the investability of the asset class in the eyes of institutional investors.”
Mr. Browndorf’s panel topic, “The Future of Investments in Life Settlements,” explored the emerging use of synthetic instruments and securitized structures for a myriad of investors as well as other factors that would impact the future of the life settlements asset class as it grows into a mature and institutional investor friendly market.
For more information on the conference agenda, visit: http://www.lifesettlementsummit.com/
About Browndorf PEM
Based in Newport Beach, Calif., Browndorf PEM (Private Equity Management) is a full-service financial services provider and fund manager offering asset management and structured products for the sophisticated institutional investor. The Browndorf PEM Portfolio Management team, headed by Matthew Browndorf and Jonathan Sadowsky, former fixed income hedge fund portfolio manager at Barclays Global Investors in San Francisco, CA, specializes in using synthetic life settlements instruments to obtain longevity exposure for institutional investors.