Alternative Income and Risk-Mitigation Strategies for A Changing Market

Hosted by Harvest Volatility Management
June 23, 2020
11:30 AM - 12:00 PM ET
Panel

Jonathan Molchan, Managing Director & Portfolio Manager for the NATIONWIDE RISK-MANAGED INCOME ETF (NUSI) will speak about Alternative Income. His presentation will cover generating income by harvesting risk premium by selling covered calls on Nasdaq 100 stocks while buying out of the money puts on the Index for downside protection. Please join this interactive session to learn more about a risk managed approach to generating income while avoiding potential volatility drain on a portfolio level. He will host interactive Questions and Answers via audience participation.

  • The difficulty in generating income in the current low yield environment
  • Vulnerabilities and key risks inherent to traditional and alternative income-oriented strategies that have been highlighted by the recent market environment
  • The value proposition and use cases for the Nationwide Risk-Managed Income ETF (NUSI), an innovative new alternative solution that systematically targets high current income, in concert with the added benefits of volatility reduction and downside risk mitigation.

Event Recording

Alternative Income and Risk-Mitigation Strategies for A Changing Market, By Jonathan Molchan

00:29:34

Speakers

  • Jonathan Molchan, Harvest

    Title
    Managing Director & Portfolio Manager
    @
    Company
    Harvest Volatility Management
    Role
    Moderator

    Jonathan Molchan is a Managing Director and Portfolio Manager at Harvest Volatility Management, where he focuses on the management and creation of new investment solutions. Jonathan currently serves as the lead portfolio manager for the Nationwide Risk-Managed Income ETF (NUSI).

    Prior to joining Harvest, Jonathan was a Portfolio Manager and Head of Product Development at Horizons ETFs US, where he managed the firm’s options-based ETFs and helped lead all aspects of strategy development. He has also held roles in portfolio management, risk, trading and research at Recon Capital Partners and Millennium Management. He started his career as an analyst at SAC Capital Advisors where he focused on various quantitative volatility strategies in addition to global long/short equity.

    Jonathan holds a B.S. in Finance from Sacred Heart University, where he was a Division I student athlete and a member of the men’s golf team.

  • Thomas Munster

    Title
    Managing Director
    @
    Company
    Profor Advisors
    Role
    Panelist

    Tom Munster entered the financial services field as a retail financial advisor with PaineWebber Inc.  in 1993 after spending 10 years at sea as a navigator on oil tankers and other vessels, globally. After a 3.5 year start and approximately $60 million in capital raised in the retail segment, Tom entered the hedge fund space, joining Clinton Group, a mortgage hedge fund. Between November 1997 and March 2004, Tom assisted Clinton Group in raising approximately $6.5 billion, while diversifying horizontally into convertible bonds, fixed income arbitrage, distressed, multi-strategy, and quantitative equity and launching the Firm’s London office.

    As an independent alternative marketer, Tom raised approximately $500 million for various hedge fund strategies between 2004 and 2009. In the aftermath of the Financial Crisis, Tom returned to in-house sales and marketing at Metacapital, a relaunched mortgage hedge fund, raising $1.6 billion in approximately 3.5 years. Tom subsequently transitioned back to an independent model to spearhead the asset raise for a startup “quantamental” fund, successfully launching the strategy with approximately $70 million in assets. Between November 2014 and August 2018, Tom was charged with leading the launch of a quantitative equity strategy with Clinton Group in a UCITS format, successfully raising $1.6 billion within 14 months across hedge fund, UCITS, and managed account formats.  

    Tom maintains a diverse partnership base which includes UHNW individuals, Family Offices, Endowments, Corporations, Insurance Companies, and Sovereigns and has collaborated with Nationwide to provide product placement and distribution service support for the Nationwide Risk-Managed Income ETF (NUSI).

    Tom and his wife, Liz have been married for 33 years and have two grown children, both entrepreneurs. Tom enjoys boating, playing trumpet and trombone, and competitive and home barbecuing.

About

Harvest Volatility Management

Founded in 2008, Harvest Volatility Management is an experienced options and volatility risk-management investment firm that offers a robust suite of actively-managed options-based strategies that span yield enhancement overlays, risk reduction, alternative beta, and absolute return investment solutions.

Led by investment professionals with decades of expertise in advising, structuring, and managing option-related strategies, Harvest is an accomplished provider of derivative trading strategies, as well as risk-management solutions designed to enhance yield and reduce asset class risk exposure.

Profor Advisors

Profor Advisors offers professional marketing and sales consulting services to asset managers and places alternative investments with institutional investors worldwide. The combined years of experience and extensive networks of our group allow us to exceptionally tailor to each unique client situation throughout the capital raising process and beyond.