Robert David Gutmann is now serving in a new position at Stone Ridge Asset Management LLC

Mar 09, 2018
Board and Executive Moves
Background Information
Stone Ridge Asset Management focuses on delivering valuable, diversifying streams of returns sourced exclusively from alternative risk exposures. The firm manages a series of mutual funds that focus on relatively passive investing based on broad market risk, or beta. Their investment approach involves a long-term view and a systematic focus on sources of expected returns, rather than on stock picking or market timing. Stone Ridge Asset Management employs two main strategies. The first invests in reinsurance-related bonds, or securities that pay out steady returns unless there's an unexpected event, such as a plane crash or an earthquake. The other focuses on \"risk variance premium;\" that is, it seeks to capitalize on situations in which the expected volatility priced into options contracts is higher than the actual price fluctuations of the underlying security.