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Ex-HSBC pensions exec markets life-policy ABS

NewHaven is introducing a guaranteed bond to Asian institutions based on senior life insurance settlements.
David Humphreys, the man who spearheaded HSBC's successful Mandatory Provident Fund business in Hong Kong before retiring last year, has co-founded an investment management firm specializing in alternative investments in the form of asset-backed securities (ABS) and collateralised debt obligations (CDOs). The firm, NewHaven Capital, is now marketing its first asset-backed bond to Asian institutional investors based on senior life insurance settlements. The other co-founders include C…
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