Behrman Stein Names New General Counsel

Behrman Stein announced that Michael Stark has been named General Counsel. He will assume this position for Behrman Stein. Mr. Starkwill replace Liam Teller, who will retire at the end of the year following eight years of service in the position.

“Liam Teller has played an integral role in what has been a very dynamic period in our industry during which our firm experienced significant growth and development. His contributions are many, and we deeply appreciate his tireless efforts,” commented Joseph Behrman, Chairman and Chief Executive Officer of Behrman. “We are very pleased to welcome our new partner, Mike Stark, who brings a wealth of experience and knowledge to Behrman Stein at this critical time of ongoing growth and change for our firm and our industry. His extensive and varied background in the commodities, investment banking and broker-dealer communities will be invaluable to our capitalizing on future opportunities,” added Mr. Behrman.

“Working with Liam Teller these past eight years has been an exceptional honor and pleasure for all of us at Behrman Stein. His wisdom and counsel supported our strategy and our actions, and we thank him for all he has given us,” said John Alberts, Chief Administrative Officer. “We welcome Mike Stark to Behrman Stein and look forward to continuing to build our firm with his guidance and leadership.”

Mr. Stark has been involved in nearly all aspects of the financial-services industry. After earning his MBA from Cornell University , Mr. Stark traded US Treasury Bonds and related instruments for seven years before getting his JD from the University of Georgia Law School, where he served as Editor-in-Chief of the Law Review. Behrman Stein, a global commodity trading advisory firm, has served companies and their investors for more than 10 years.

Via EPR Network
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Behrman Stein launches Portfolio Management Services

Behrman Stein a leading Hong Kong commodity trading advisory firm has launched Portfolio Management Services (PMS) with two new offerings, the Growth Scheme and the Arbitrage Scheme, aimed at investors with low to moderate risk appetite seeking to maximise returns on investments in this challenging economic environment.

Behrman Stein’s dedicated wealth managers will help the investors to carefully understand their financial goals and advise them with the right product mix. It has robust portfolio management software that enables the entire construction, monitoring and risk management processes. It relieves investors from all the administrative hassles by using proactive reporting measures.

Mr. Joseph Behrman, Chairman and Chief Executive Officer at Behrman Steinsaid, “PMS is fast gaining eminence as an investment avenue of choice for High Networth Investors. While offering a range of specialized investment strategies to capitalize on opportunities in the market, Behrman Stein’s PMS combines competent fund management, dedicated research and state of art technology, thereby ensuring a rewarding experience for all clients. It will ensure that investors with unique needs, varying risk appetite and focussed financial goals can maximise returns on investments and also get multiple conveniences and benefits even in today’s challenging financial environment.”

The Arbitrage Scheme is formulated to generate consistent returns on a regular basis under low risk environment to outperform the fixed income bearing financial instruments by reasonably good margin. The scheme is recommended for investors with very low-risk profile desiring higher liquidity and looking for regular, consistent and reasonable returns to outperform inflation with reasonably good margin on a short (6 month & above) to longer time horizon.

The Growth Scheme is formulated to primarily invest in commoditiy instruments to grow the wealth of the investor with medium to longer time horizon. The scheme is suggested for investors with moderate risk appetite having inclination for better than market returns on the portfolio during medium to long term perspective of 18 to 36 months.

Arbitrage Scheme — Investment Strategy: The objective is to provide consistent, positive returns by taking advantage of mispricing across different segments of financial markets; e.g., spot v/s future; future v/s future, etc. It is a direction–neutral arbitrage portfolio scheme. The trader will enter into simultaneous transactions of long-position in one market segment and short-position in other market segment, eventually creating a hedge. It envisages index arbitrage where the index is bought/sold and the underlying component basket of shares are sold/bought to lock in a profit in cash/future segment. It envisages various derivative strategies & special situation arbitrage opportunities such as dividend arbitrage & buy-back arbitrage. It offers extensive use of in-house developed statistical & technical software to enhance the returns. It also provides optimal use of algorithmic trading system to ensure fast, seamless & efficient execution of various strategies to maximize the returns.

Growth Scheme — Investment Strategy: The objective is to provide unbiased commodities investment strategy based on rigorous fundamental analysis, while taking cognizance of market conditions & movements. It seeks to use a combination of “top-down” and “bottom-up” approach to arrive at a basket of investment-worthy commodity options and futures. It offers qualitative buy-and-hold strategy based on fundamentals and flexible style. The cash component is parked in liquid funds/ bank deposit/ any other liquid money market instruments. It is diversified across sectors and stocks with no concentration risk with priority to quality management with intent of good corporate governance.

Via EPR Network
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