The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A CO Shop Spreads Its Wings With a 5th MF Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, January 30, 2019

A CO Shop Spreads Its Wings With a 5th MF

Reported by Neil Anderson, Managing Editor

An ETF strategist is launching its fifth mutual fund, and the chief is hiring to expand his team.

Randall William Swan
Swan Global Investments
Founder, CEO
Last month the team at Durango, Colorado-based Swan Global Investments quietly rolled out the Swan Defined Risk Growth Fund. Puerto Rico-based Randy Swan, Swan Global founder and lead PM, describes the new fund as a "more aggressive" take on a different strategy; both use options to try to hedge out market risk (using Swan Global's proprietary Defined Risk Strategy, i.e. DRS), while still participating in the upside of the S&P 500. The Swan Global team aims to truncate the market's drops by selling options for a profit during those swoons and reinvesting in the market (via ETFs).

"We're kind of geared towards trying to protect against really large bear markets," Swan tells MFWire. "We want to give our clients choices based on their risk tolerance."

"Over a full market cycle, we think that the hedging pays for itself," Swan adds.

22-year-old Swan Global now has 43 people working with $4.1 billion in AUM, Swan says, and they work with RIAs big and small. The new fund comes in both institutional (SDAIX) and A (SDAAX) share flavors.

Last year the Swan Global team rolled out a solutions program for small RIAs (those with $100 million or less in client assets) to outsource their chief investment officer function to Swan Global. And watch for Swan to expand his team to ramp his efforts in more channels, such as retirement plans and banks. (Our sister publication, 401kWire, reports on Swan's DC I-O interest.)

"We're eventually looking to hire a couple of business development people in certain areas," Swan says. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use