Who We Are
Penso Advisors LLC is a New York based manager and advisory boutique specializing in derivatives structuring/trading, high convexity strategies and systemic risk management. We manage high convexity global macro strategies as well as negative correlated alpha portfolios for sophisticated institutional money managers and allocators.
Penso Advisors LLC is a US Securities and Exchange Commission registered investment advisor.
Joseph Penso de La Vega - Author, 'Confusion de Confusiones.'
'Confusion de Confusiones' is the first known book that describes sophisticated financial derivatives. The treatise evidences a high degree of sophistication in financial practices. Options, puts, calls and even shorting are referenced. The book was published in Amsterdam in 1688.
The Financial Times considers it one of the ten best books ever written on financial markets.