Abacus Global Management Well-Positioned Amid Market Volatility
Rhea-AI Summary
Abacus Global Management (NASDAQ: ABL) has highlighted its strong market position amid current volatility, according to CEO Jay Jackson. The company benefits from two key advantages: increased origination opportunities as clients seek alternative liquidity sources through life insurance policies, and growing investor interest in uncorrelated alternative assets for portfolio diversification.
The recent acquisition of Carlisle Management Company has enhanced Abacus' product lineup, with their GP/LP-style funds gaining significant traction among advisors. The company maintains a robust financial position with $128.8 million in cash and cash equivalents and $371.4 million in balance sheet policy assets as of December 31, 2024.
Positive
- Strong liquidity position with $128.8M cash and $371.4M in policy assets
- Strategic acquisition of Carlisle Management enhancing product portfolio
- Increased business opportunities during market volatility
- Growing demand for alternative investment products
Negative
- Geographic concentration risk in business operations
- Potential inadequacy of loss reserves
- Regulatory compliance challenges
- Competitive market pressures
News Market Reaction – ABL
On the day this news was published, ABL declined 5.68%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
ORLANDO, Fla., April 07, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, commented on the ongoing macro environment, noting that it remains well-positioned to capitalize on current market volatility, according to Chairman and Chief Executive Officer Jay Jackson. The Company’s unique business model provides it with clear strategic advantages in uncertain market conditions.
In a recent earnings call, Mr. Jackson highlighted two key factors driving the Company’s strong position:
First, market uncertainty typically prompts individuals and their financial advisors to seek alternative liquidity sources. Many clients discover untapped value in their life insurance policies that Abacus can help them access needed liquidity, creating increased origination opportunities during volatile periods.
Second, during times of market turbulence, investors increasingly seek uncorrelated alternative assets to diversify their portfolios. Abacus’ specialized offerings, including fourth and fifth round funds, have attracted significant interest from registered investment advisors looking for differentiated yield products for their clients.
The recent acquisition of Carlisle Management Company further strengthens Abacus’ market position by expanding its product lineup. Carlisle’s GP/LP-style funds have generated particularly strong demand from advisors seeking alternative investment options.
This dual advantage—serving both consumers seeking liquidity and investors pursuing uncorrelated assets—creates a resilient, cycle-tested business model.
Additionally, Abacus’ balance sheet and liquidity position remain strong with cash and cash equivalents of
You can listen to Mr. Jackson’s direct response regarding the Company’s advantageous positioning in the volatile market here.
Forward-Looking Statements
All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes but is not limited to statements regarding: Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Abacus’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” “intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).
While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the fact that Abacus’s loss reserves are bases on estimates and may be inadequate to cover its actual losses; the failure to properly price Abacus’s insurance policies; the geographic concentration of Abacus’s business; the cyclical nature of Abacus’s industry; the impact of regulation on Abacus’s business; the effects of competition on Abacus’s business; the failure of Abacus’s relationships with independent agencies; the failure to meet Abacus’s investment objectives; the inability to raise capital on favorable terms or at all; the effects of acts of terrorism; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies.
These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with the U.S. Securities and Exchange Commission from time to time, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations.
About Abacus Global Management
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.
Contacts:
Investor Relations
Robert F. Phillips – SVP Investor Relations and Corporate Affairs
rob@abacusgm.com
(321) 290-1198
David Jackson – IR/Capital Markets Associate
david@abacusgm.com
(321) 299-0716
Abacus Global Management Public Relations
press@abacusgm.com
FAQ
What are the key advantages of ABL stock during market volatility?
How much cash and policy assets does ABL hold as of December 2024?
How has the Carlisle Management Company acquisition impacted ABL's business?
What are the main revenue drivers for ABL during market uncertainty?
