"We identified James Alpha Management as the right partner for us due to the scale and quality of its operations and as the best organization to seamlessly roll up the corporate and operational aspects of GRRIX."
Newy York, NY (PRWEB) October 12, 2015
John Brynjolfsson, veteran PIMCO money manager and founder of Armored Wolf, along with Tim Alford, long-time fellow Armored Wolf portfolio manager and investment committee member, announced they will be joining James Alpha Advisors in order to continue to serve as portfolio managers of the James Alpha Global Enhanced Real Return Fund (GRRIX).
“This role connects me with an organization with which I have a longstanding relationship and respect hugely. James Alpha was instrumental in launching Armored Wolf six years ago and has served as trusted counsel across a broad range of disciplines. Tim and I have also managed portfolios together over the same period of time and I look forward to continuing that partnership as well,” Brynjolfsson noted.
“James Alpha, Tim and I started GRRIX almost five years ago and have compiled an attractive track record together, particularly during the difficult market environment of the last 12 months. I believe the strategy is ideally suited to the current investment environment which will continue to reward portfolio managers who can identify and nimbly exploit alpha generating opportunities in highly liquid securities around the world. In addition to a clear top-down macro view, tactical positioning and adaptability are the keys to success in today’s capital markets,” he added.
Tim Alford added, “James Alpha is a perfect fit for us and we believe our strategy is a perfect fit for the today’s challenging markets. Our fund seeks to provide retail investors access to the same sophisticated investment strategies that institutional investors benefit from and that John and I have successfully implemented for more than two decades.“
Commenting upon his recent announcement of the wind down of Armored Wolf, Brynjolfsson said, “We identified James Alpha Management as the right partner for us due to the scale and quality of its operations and as the best organization to seamlessly roll up the corporate and operational aspects of GRRIX. The new format will simply be a continuation of a collaboration Tim and I have already enjoyed with James Alpha for the past six years. More importantly, our new roles free us from business concerns to focus on what we enjoy and excel at, which is generating alpha for investors.”
James Alpha Advisors CEO Jim Vitalie commented: “We are, of course, delighted to deepen our relationship with world class money managers like John Brynjolfsson and Tim Alford. Over time, we believe we will be collaborating with John and Tim in many other ways as well. They are a great addition to our team.”
During Brynjolfsson’s 19-year tenure at PIMCO he conceived, launched and grew PIMCO’s Real Return platform from start-up to $80 billion in third-party assets, including launching and managing PIMCO’s second, third, and fourth largest public funds. He is an expert in the areas of asset allocation, risk management, global macro investing and managing alternative real assets, including commodities, global inflation-linked bonds, and event-linked catastrophe bonds.
A popular and provocative communicator, Brynjolfsson is a frequent guest on CNBC, Bloomberg TV and PBS’s Wealth Track, has been quoted in The New York Times and the Wall Street Journal and featured in Fortune magazine. He is also a member of industry advisory committees and has testified before the House Financial Services Committee as an expert on catastrophic risk transfer.
Prior to joining Armored Wolf, Alford was Portfolio Manager, Head Trader and one of three members of the Investment Committee with Clarium Capital Management, a global macro hedge fund that grew from $2 billion to $5 billion in assets during Tim’s tenure and where he managed 13 traders and portfolio managers. During his 23 year career in asset management, Tim has served as a portfolio manager at CRG Partners Funds, Halcyon Financial Advisors, PG&E Energy Trading, and PNC Bank. His areas of expertise include risk management, securities trading, global macro, emerging market currencies, and investing across multiple asset classes.
James Alpha Advisors specializes in alternative investment mutual funds. In addition to the James Alpha Global Enhanced Real Return Fund (GRRIX), the firm’s other funds for which James Alpha Advisors or its affiliates serve as investment advisor include James Alpha Global Real Estate Investments (JARIX), James Alpha Multi-Strategy Alternative Income (JAIMX),James Alpha Yorkville MLP Fund (JMLPX), James Alpha Managed Risk Domestic Equity (JDIEX), and James Alpha Managed Risk Emerging Markets (JEIMX).