DENNIS RODMAN, PSYCHEDELICS, ALASKA & ELLIS ROSS
THREE names you don’t often hear in portfolio management discussions: Dennis Rodman, Scottie Pippen and Michael Jordan:
Investment Partners is a Toronto-based, absolute-return hedged equity fund that’s just joined our platform.
Their value-add, the management team says, is to help improve overall performance of an investment portfolio. By focussing on absolute returns, the IP Fund hopes to provide a non-correlated asset that steadies and stabilizes overall portfolio performance in otherwise volatile markets over time.
Here’s a great analogy they use. Dennis Rodman, the Chicago Bulls basketball player, was an average shooter, an OK playmaker, and not particularly fast. But he was an exceptional rebounder. Better, by far, than anyone in the league. And inserting him into the Chicago Bulls line-up made Scottie Pippen and Michael Jordan that much better. The result was an amazing run of NBA championships.
The Investment Partners Fund, they say, plays a similar role in a portfolio that contains other assets that may have different attributes. Their outstanding skill set, like Dennis Rodman’s rebounding skills, is their ability to deliver strong absolute returns and potentially help smooth out overall portfolio returns over time.
At a time when equity market valuations seem to be in the stratosphere in some areas, and hyper levels of volatility are the order of the day, this might be an opportune time to check this out. Want to hear more? Give us a call.
TWO new microcap public company names on our platform:
Psybio Therapeutics PSYB-V Mkt Cap $16 million – a next generation biotech company developing a pipeline of targeted molecules and innovative drug combinations for the psychedelic inspired bio-therapeutic space.
Western Alaska Minerals WAM-V Mkt Cap $13 million - with 100% ownership of a highly promising Alaskan land package with five mineral deposits – gold, silver, copper, lead, zinc - and several near-term catalysts led by a veteran team with a track record of success.
Here is the full list of our 28 private equity and publicly listed clients.
ONE BC Liberal leadership candidate who wants to hear what you think he should do if elected Premier of BC:
Want to have a say on policies that will maybe get the ear of someone who could be the next BC Premier?
Join me today – Thursday, December 9th – at 1:30 pm Mountain
For a 45 minute Zoom chat with BC Liberal leadership candidate Ellis RossJoin Zoom Meeting: https://us02web.zoom.us/j/82609756171?pwd=NTlmQ1Nhd2FDckVValJZM1pEUW5WQT09
Thanks for your continued interest and support.
Rick Peterson
President