Epstein Secrets

From: jeffrey E. <[email protected]> Sent: Monday, August 8, 2016 8:59 PM To: Ens, Amanda; Richard Kahn Subject: Re: Preferreds, thoughts on fixed income, man

is has a 19% 30-day vol (vs 24% for the common stock) and 30% 90-day vol (vs 41% for the common stock)= For comparison, PFF had a 4.5-5% vol. From: jeffrey =. [mailto:[email protected] <mailto:[email protected]> I Sent: Monday, August 08, 2016 4:40 PM To: Ens, Amanda Subject: Re: Preferreds, tho

> " from June 28 and=suggests risk parity fund leverage is high and we do not think the relatio=ships have changed significantly. c=span> Today on Bloomberg: Junk Debt Keeps Climbing Desp=te Plunging Oil Prices After moving in lockstep with oil markets for much o= the last two years, high-yield bonds have gone their own way and pos=e

From: jeffrey E. <[email protected]> Sent: Tuesday, August 9, 2016 2:23 PM To: Ens, Amanda Subject: Re: Preferreds, thoughts on fixed income, mandatory conver

tel:212.449.7781> Mobil=: 917.386.3280 <tel:917.386.3280> <javascript:_e(=78%7D,1cvmr );> </=> The power of global conne=tionr <1=> <1=> From: jeffrey =. [mailto:[email protected] <javascript:_e(%7B%7D;cvmr/jeevacation@=mail.comt> I Sent: Monday, August 08, 2016 4:14 PM To: Ens, Amanda Subject:

> " from June 28 and=suggests risk parity fund leverage is high and we do not think the relatio=ships have changed significantly. =/span> Today on Bloomberg: Junk Debt Keeps Climbing Desp=te Plunging Oil Prices After moving in lockstep with oil markets for much o= the last two years, high-yield bonds have gone their own way and pos=e

M To:'[email protected] <mailto:[email protected]> ' Cc: 'Richard Kahn' Subject: Preferreds, thoughts on fixed income, mandatory converts Jeffrey, =/u> Rich mentioned you're=interested in potentially buying preferreds. While they still pay a decent=yield, I wanted to share some thoughts abou

arity fund leverage is high and we do not think the relatio=ships have changed significantly. <=span> 14 EFTA_R1_01556382 EFTA02454573 Today on Bloomberg: Junk Debt Keeps Climbing Desp=te Plunging Oil Prices After moving in lockstep with oil markets for much o= the last two years, high-yield bonds have gone their own way and pos=e