Alpha Growth Share Discussion Threads

[2mex] 11/12/2019 15:49

you been on flight radar Jim?

[jimduggen] 11/12/2019 15:45

“Team landed in Heathrow” removed post

[2mex] 11/12/2019 15:40

moneymunch thanks. In essence, Alpha Growth's partner is a founder member of ELSA.

ELSA being the European representation for best practice in the life settlement industry.

[moneymunch] 11/12/2019 15:14

Algw's Blackoak Alpha Growth fund partner SLIM were in London September 2019, spreading the word. Gla :-)


06 September 2019ELSA SLM Conference Sept 2019

Patrick McAdams, Investment Director at SL Investment Management, will present at the forthcoming ELSA Secondary Life Markets Conference - to be held at EY's offices in Canary Wharf, London on Friday 20th September 2019.

This annual gathering of life market professionals comes at a pivotal point in the capital markets. Holders of longevity/mortality risk, capital market participants and policy makers are coming together to debate positive solutions to the demographic challenges of an ageing population and the benefits that secondary markets can provide.

Patrick, a previous Chair of ELSA, will be presenting in an afternoon panel session - "Meeting investor needs through structuring" - which is to be moderated by Ailish Finnerty, a Partner at Arthur Cox in Dublin.

Patrick said, "I'm delighted to have been invited to participate at this year's ELSA event. I'm very much looking forward to joining the panel discussion and providing my views on how to best protect investor interests through use of prudent structuring.

"There are many different open-ended life settlement structures out there at present, and it's essential that investors are versed on what attributes to focus on when comparing one product with another".

The European Life Settlement Association (ELSA) was founded in 2009 to set standards for the European life settlement industry. ELSA represents investors, service providers and intermediaries in the longevity and mortality markets who are looking to promote best practice by providing accurate, authoritative information to institutional investors, regulatory bodies and the media.

ELSA's focus is on the promotion of transparency and the positive development of the life industry's reputation amongst all stakeholders.

SL is both a founding and current member of ELSA, working to encourage fair competition and investor protection within the life settlement market.

[7rademark] 11/12/2019 15:12

You don't really believe that do you,

[phoenix equity] 11/12/2019 15:10

A 1 code? Rns incoming?

[2mex] 11/12/2019 15:07

I would say also..

"we know who to sell the assets to"

and that is why the concept is approved

[2mex] 11/12/2019 14:58

"we are fortunate to have Danny Swick, our COO, who is one of the leading if not the top market market makers in life settlements in the US before he joined Alpha and so we are pleased to say that product resourcing is not an issue....
we know how to find the right assets and, of course, we know how to buy them."

[2mex] 11/12/2019 14:54

Life insurance protects a policyholder’s dependents against possible financial hardship in case of his or her death. In 2011, the coverage in the United States was USD 19.2 trillion.

as for the uk…

Analysis conducted by our Risk Transfer Team estimates there will be approximately £20bn of bulk annuity business transacted in 2018, a 50% increase on the previous record of £13.2bn set in 2014. Another survey conducted by Hymans Robertson also showed that Independent Trustees are expecting there to be an even higher value of transaction in 2019 compared with 2018. So the future certainly looks bright, with an estimated total of £2.3trn of Defined Benefit liabilities that could be bought out in the years ahead.

[andymunchkin] 11/12/2019 11:57

myView dumpON theCrds

[divmad] 11/12/2019 11:56

Quite good liquidity considering there are only 160mn shares and the MC is just £4mn.

[2mex] 11/12/2019 11:55

Last three trades 53,54,55 shown as sells but they were actually buys - confirmed against IG offer.

[andyview] 11/12/2019 11:51

Back up to last nights close price, good to see. A move on higher now please...

Gla

[7rademark] 11/12/2019 09:47

There hasn't been a sell since 8.07 on my screen.

[2mex] 11/12/2019 09:41

The 50,922 and 13,310 trades are actually buys. They are not sells. I checked the trade sizes against IG offer.

[phoenix equity] 11/12/2019 08:36

Trying to buy another couple of million shares today around this price.

[7rademark] 11/12/2019 08:11

But of course all that doesn't take into account mm games and holders who panic at the colour red lol.

[7rademark] 11/12/2019 07:32

The limits yesterday were the give away, once the share price recovered you could sell well over 1m shares with my broker, add the golden cross on the chart, buy orders obviously being filled and imminent news and everything is lining up, today could be break out day.

[slinkyfink] 10/12/2019 23:39

In other words hum 'Never Ending Story' whilst holding the dragon dogs ears. Roller coaster ride! Wishing you all the best whichever way you bet.

[2mex] 10/12/2019 20:28

Golden Cross. particularly strong because both lines climbing when cross occurred.

[moneymunch] 10/12/2019 17:50

The following is on ALGW's partner SLIM, who together launched the BlackOak Alpha Growth Fund in April 2019, and gives you an indication of the potential ahead. Gla ;-)




......................

SL Investment Management

SL Investment Management is a specialist Investment Manager working globally with intermediaries, professional and institutional investors to deliver a range of low-correlation based asset management services.

Since 1990 we have managed or advised over 30 collective investment vehicles, utilising multiple structures and domiciles - representing over $2.6bn in assets. Our reputation for innovation is combined with strong corporate governance and actuarial capabilities which help us to meet the stringent due diligence requirements of major institutional and corporate investors.


BlackOak LP

BlackOak Investors LP is a medium to long term Alternative Investment Fund (AIF) aimed at achieving steady capital growth at favourable risk adjusted rates irrespective of movements in mainstay asset classes.

The fund invests in US Senior Life Settlements - life insurance policies originally taken out by US citizens, where the individual in their senior years has chosen to sell their policy in the secondary market to an investor such as BlackOak Investors LP.

Launched in February 2014, the fund unit price at the end September 2019 was $23.1793; representing a 16.0% annualised return from the initial launch price of $10.0000.

Patrick round



"We are delighted with the performance of the fund over the past 5 years, with impressive annualised growth of 16.0% since fund inception. The active trading strategy has proved to be a particularly useful feature in achieving realised fund returns since launch."

Patrick McAdams CFA | Fund Manager | October 2019

[gismo] 10/12/2019 16:58

Ta as always mm