Why Devlin Capital?
Devlin Capital is a globally connected investment firm uniquely able to bring new financial technology and innovation to our clients. The five partners collectively have over a century of capital markets experience in Asia, Europe, the US and Canada.
The partners are recognized as industry leaders in macro-economics, structured finance, derivatives trading and risk management across diverse asset classes (currencies, interest rates, credit risk and options). We are distinctively capable of identifying opportunities in the global market and delivering these opportunities to institutional investors and high net worth individuals.
An independent investment firm with strategies designed to consistently deliver attractive absolute returns in a low interest rate environment. Client returns are the priority, not asset or revenue growth.
Our fundamental approach is to realize long-term value. Our strategies embrace innovation and change to unlock fundamental value.
Our global approach is nimble to avoid “diseconomies-of-scale” or “crowded trades.” We strive to deliver attractive global opportunities that have low correlations to investors’ existing portfolios.
We see value in the private markets where investors can be generously compensated for illiquidity and complexity. We plan to offer private opportunities to high-net-worth individuals and institutional investors.
Ed Devlin – Founder
Our team members have successfully navigated every major global financial crisis over the past three decades. All the partners have managed significant portfolios at premier global investment firms. Our history of taking a disciplined approach to planning for and managing “draw downs” during market corrections is unique. Our approach is to identify cheap risk premiums available in the market, and then structure portfolios to ensure relative stability during bear markets.
We are also targeting strategies that have low correlations to traditional stock and bond funds. Our ability to understand complex structured financings and derivative contracts allows us to safely access excess returns not fully understood by other market participants. Our clients can obtain favourable returns by locking up their money in private opportunities and investing in “non-consensus” sectors of the global marketplace.
Significant Opportunities For 2023
Trade Finance Investment Strategy
Devlin Capital believes that the Trade Receivables segment presents a unique opportunity in which the investors are well-compensated for liquidity risk and in which the added complexity, when carefully examined, enhances the overall security of the investment. Trade Receivable Asset Backed Securities are securitizations that collateralize businesses’ trade receivables.
CD HOWE INSTITUTE
Ed Devlin is a Senior Fellow at the CD Howe Institute. Listed below are his most recent articles published by the institute.
27-06-2023: Devlin, Forssell – Federal Mortgage-Bond Consolidation Should be a Non-Starter
22-11-2022: The Consequences of the Bank of Canada’s Ballooned Balance Sheet
22-08-2022: Devlin, Forssell – Quantitative Tightening May Cause Unexpected Trouble
IN THE NEWS
06-09-2023: Ed joins BNN panel in the wake of BoC policy rate announcement
17-08-2023: BNN Interview: Ed and David Rosenberg discuss the likelihood of a recession
07-06-2023: Ed’s thoughts on BoC’s latest rate hike
16-05-2023: Ed discusses the implications of latest inflation data on BNN
BRIAN HAND FOUNDATION
Our dear friend, Brian Hand, tragically left us in 2015 after a heroic battle with cancer. Brian was one of the most respected members of the investment banking community in Canada. Brian was a terrific humanitarian and a brilliant intellectual who was committed to life long learning. Brian graduated from the University of Toronto with a PhD in Theoretical Physics in 1997. The Foundation is dedicated to helping those in need and promoting literacy around the world.