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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of