Abacus Global Management

ISIN US00258Y1047

 | 

WKN A3D8HA

Market cap (in EUR)
724 m
Country
United States
Sector
Finance
Dividend yield
2.32%
 

Overview

Description

Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. It operates through the following segments: Portfolio Servicing, Active Management, Originations, Asset Management, and Technology Services. The Portfolio Servicing segment offers policy services to customers on a contract basis. The Active Management segment is involved in buying, selling, and trading policies and maintaining policies through to death benefit. The Origination segment originates in life insurance policy settlement contracts as a licensed life settlement provider on behalf of third-party institutional investors interested in investing in the life settlement asset class. The Asset Management segment generates revenues by providing asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. The Technology Services segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. The company was founded by Matthew Ganovsky, Kevin Scott Kirby, and Todd Sean McNealy on May 22, 2020 and is headquartered in Orlando, FL.
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Finance Investment Services United States

Financials

Key metrics

Market capitalisation, EUR 724 m
EPS, EUR 0.07
P/B ratio 1.9
P/E ratio 110.4
Dividend yield 2.32%

Income statement (2024)

Revenue, EUR 106 m
Net income, EUR -22 m
Profit margin -20.97%

What ETF is Abacus Global Management in?

There are 7 ETFs which contain Abacus Global Management. All of these ETFs are listed in the table below. The ETF with the largest weighting of Abacus Global Management is the Xtrackers Russell 2000 UCITS ETF 1C.
ETF Weight Investment focus Fund size (in m EUR)
SPDR MSCI All Country World Investable Market UCITS ETF (Acc) 0.00%
Equity
World
4,171
SPDR MSCI World Small Cap UCITS ETF 0.00%
Equity
World
Small Cap
1,457
SPDR MSCI USA Small Cap Value Weighted UCITS ETF 0.00%
Equity
United States
Small Cap
732
SPDR MSCI World Small Cap UCITS ETF USD Unhedged (Dist) 0.00%
Equity
World
Small Cap
25
Xtrackers Russell 2000 UCITS ETF 1C 0.01%
Equity
United States
Small Cap
1,942
SPDR Russell 2000 US Small Cap UCITS ETF 0.01%
Equity
United States
Small Cap
4,102
SPDR MSCI All Country World Investable Market UCITS ETF (Dist) 0.00%
Equity
World
74
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.