By Eugeniu Guzun (HedgeNordic) – Resscapital’s Key Appointment in Pursuit of Awareness
To capitalise on strong performance and continued asset growth in 2022, Ress Capital made a key appointment to its investor sales and relations team. The asset manager of Ress Life Investments – a fund that seeks to generate uncorrelated, equity-like returns with low volatility in the secondary market for life settlements – has appointed Hanna Persson as Head of Sales and Investor Relations.
“Today marks a new chapter for me. I’m very excited about joining the fantastic team at Ress Capital AB in Stockholm, who offers truly diversifying, stable returns,” Hanna Persson announces on LinkedIn. “Looking forward to reconnect with everyone from my new home,” she adds. “Welcome Hanna! So much looking forward to working together and taking our award-winning fund, Ress Life Investments, to new heights,” comments Jonas Martenson, the founder of Ress Capital.
Persson joins Ress Capital from Stockholm-based asset manager East Capital, where she served as Senior Client Relationship Manager. Prior to joining East Capital in September 2021, Persson worked at now-closed systematic investment manager IPM Informed Portfolio Manager in various roles for close to 11 years. Persson’s most recent role at IPM was as Senior Director, Head of Consultant and Investor Relations.
Hanna Persson will focus on increasing awareness to the attractive investment characteristics of a life insurance portfolio and bring Ress Life Investments to wider investor audience. Ress Life Investments is an alternative investment fund investing in life settlements, which involves buying life insurance policies for one-time payments from policy owners who no longer need or want their policies.
The fund returned 8.5 percent in 2022, its second-best annual performance since launching in 2011. Under the stewardship of Head of Portfolio Management Anton Pozine, Ress Life Investments has delivered an annualized return of 7.8 percent in U.S. dollars over the past five years. “The performance in 2022 clearly shows the fundamentally uncorrelated return of a life insurance portfolio,” says Gustaf Hagerud, Managing Director at Resscapital. “The asset class offers both a good risk diversification and a counter-cyclical return.”