A portfolio of stocks invested across some of today’s big themes – robotics, automation and artificial intelligence included – is likely to deliver a return which is greater and more durable than funds investing in the developed markets.
The aim is to deliver long-term capital growth to its shareholders, including the States of Guernsey, which has committed to investing up to £25 million.
The appeal of property has risen in the year to June 2017, compared to the appeal of pensions, which has fallen back over the same period.
Cerberus, M&G Prudential, Och-Ziff and Pimco are trying to buy the portfolio of taxpayer-owned mortgages, Sky News learns.
Risk-adjusted returns, represented by the Sharpe ratio, reflect the volatility of the returns as well as the returns themselves.
The company is listed on the London Stock Exchange, and has a market capitalisation of £461 million ($642 million), with assets of £570 million ($788 million).
Jersey-based JTC, which has buy-out house CBPE Capital as a minority investor, is working with stockbrokers Zeus and Numis to advise it on an initial public offering (IPO), the sources said.
The global head of active equities at the firm Mark Wiseman, who is also chairman of BlackRock Alternative Investors, is set to take charge of the new strategy.