Secquaero Adds Cat Bond Fund To UCITS Platform

Oct 22 2013 | 12:57pm ET

Schroders has added a catastrophe-bond fund to its UCITS hedge fund platform, managed by Switzerland's Secquaero Advisors.

The GAIA Cat Bond Fund is the ninth vehicle on the Global Alternative Investor Access platform, joining products managed by Avoca Capital Management and CQS, among others. It is managed by Daniel Ineichen, who has helmed the NGAR Secquaero insurnace-linked securities fund for more than two years.

"We are very pleased to be merging the fund onto the GAIA platform, which has grown to become one of the leading UCITS distribution platforms in alternatives investment," Ineichen said. "This is an exciting asset class with a strong investment case, combining attractive returns with a low correlation to other asset classes. The floating rate structure of cat bonds provides protection against rising interest rates, which is a widely acknowledged investor concern."

The fund will invest at least 80% of its assets in cat bonds and other tradable ILS, with a focus on the U.S., western Europe and Japan.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of