Please Note:
This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
Employment History
View...Web References
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1. The Bond Buyer Online
www.bondbuyer.com/article.html - [Cached]Published on: 10/29/2003 Last Visited: 10/30/2003
The modification to the final settlement calculation should make the contract more effective and boost its low trading volume, said Rob Albright, a principal and hedge fund manager at ASA LLC in Minnetonka, Minn.
The modification involves the elimination of a flawed procedure that was initially intended to reduce the volatility of the contract's final settlement price, but instead magnified it.
"People just got tired of being jerked around on the contract settlements," Albright said.
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"I think there's a need for a good, highly correlated muni hedge," Albright said. While many municipal traders have grown "complacent" hedging their portfolios with taxable instruments as yield levels in the two markets remain within a close range, tax-exempt bonds are likely to richen at some point, he added.
An additional problem with the contract is that it has not been very liquid, Albright said.
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While Albright welcomes the added liquidity, he said Nassau Street Capital's initial commitment will still not provide for "a particularly deep market." -
2. Alternative Strategies Advisers, LLC
www.asallc.com/main/DesktopDef - [Cached]Published on: 2/21/2006 Last Visited: 5/6/2007
Such individuals should submit resumes to Rob Albright (ralbright@asallc.com).

