Bank hybrids may not suit all income investors after a possible March 2020 ‘shock’. In March 2020, bank share prices halved and the underlying equity conversion risk was highlighted when the prices of the bank hybrids also fell about 20% from par.
bank hybrids
Laureola Advisors is an established boutique asset manager focusing exclusively on the asset class of Life Settlements. A well-managed portfolio of Life Settlements can make money in all market conditions since the fund’s returns are generated by mortality which has no correlation with traditional asset classes. The Laureola Australia Fund is specifically designed for Private Clients and small to medium sized Family Offices who must be 'Wholesale Clients'.