Episode 12 - Sail Away with James Kelly, Greywolf Capital

James Kelly, Managing Director, Greywolf Capital. While Greywolf is known for distressed, event driven & CLO strategies, they also have a core expertise in hard assets such as container ships.

James takes us through the history of the container ship industry. He breaks down the global container fleet by ship type. James explains ESG standards of today's institutional investors may be responsible for a supply / demand disconnect in global shipping. We go into the impacts of COVID-19 on shipping and the subsequent volatility in pricing. Finally, we talk about how inflation might impact the industry.

This podcast was recorded on March 24th, 2021. The respective opinions expressed are those of Mr. Kelly and the Biltmore Family Office, LLC investment team. The opinions referenced are as of the date of this podcast and are subject to change without notice. This material is for informational use only and should not be considered investment advice. The information discussed herein is not a recommendation to buy or sell a particular security or to invest in any particular sector. Forward-looking statements are not guaranteed. BFO reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs and there is no guarantee that their assessment of investments will be accurate. The discussions, outlook and viewpoints featured are not intended to be investment advice and do not take into account specific client investment objectives. Before investing, an investor should consider his or her investment goals and risk comfort levels and consult with his or her investment adviser and tax professional.

Biltmore Family Office, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about BFO’s investment advisory services can be found in its Form ADV Part 2, which is available upon request