JP Omega Ltd. is a financial services company delivering investment solutions and advisory services
within the traditional and alternative assets universe. The company is based in London.
The owner is holder of a FSA license. JP Omega was founded by Alexander Passow, Ph.D. in November 2014 with the aim to bring proprietary Johnson-Omega, and its constituting
Johnson Call and Johnson Put formulas at work. Those were developed in the course of PhD post doctorate studies at the International Center
of Financial Asset Management and Engineering (FAME, now SFI), HEC Lausanne.
JP Omega's approach was discovered, developed, published, tested and applied by Alexander Passow over more than a decade. It was found that Asset Management strategies based on Johnson-Omega generate significant absolute and risk-adjusted (excess) returns. Option arbitrage strategies based on Johnson Call and Johnson Put were found containing Black-Scholes formulas as special cases. JP Omega methods for portfolio analysis enables to identify "time bombs" in portfolios.
JP Omega's method was published first in the "Cutting Edge" section of the Risk Magazine in 2005 titled "Omega Portfolio Construction with Johnson Distributions" and in 2008 selected for the Cutting Edge Risk book series "Portfolio Management: Groundbreaking Technical Papers" While the first article has shown the superior performance of Johnson-Omega during LTCM/Russia crisis in 1998, the recent Risk Magazine article from 2016 confirmed the ability of Johnson-Omega to achieve more robust portfolios in an investigation of the Lehman collapse in 2008. The proprietary JP Omega toolset is also becoming applied in disciplines beyond finance, e.g. life science, medicine, engineering and natural sciences. A track record for an example strategy, which is funded with real assets delivered significant risk-adjusted and absolute outperformance since early 2017.