ILS Advisers
The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is a one-stop resource for information on insurance or reinsurance linked investment managers and their ILS fund strategies.
ILS Advisers - snapshot
- ILS manager or company name: ILS Advisers
- Location (HQ / Domicile): Hong Kong
- Date of launch: Feb 2012
- Assets under management *: $190 million (As at Jan 2024)
- Website link: ILS Advisers website
ILS Advisers - Details
Company profile:
ILS Advisers is the first Asia based investment consultant and investment manager focusing exclusively on Insurance Linked Investments (ILS). ILS Advisers was established in 2012 as a business unit of the HSZ Group and has been a pioneer in the asset class since its inception. It has been the initiator and sponsor ofthe Eurekahedge ILS Advisers index since 2012, which is the first and most comprehensive ILS fund index and has become a widely followed benchmark by ILS investors globally.
ILS Advisers is uniquely positioned to source diversifying quality reinsurance risk in Asia. The firm successfully structured and arranged Pan-Asia focused catastrophe bonds (Phoenix Re), which provide additional reinsurance capacity to 13+ regions in Asia Pacific, where the insurance protection gap remains significant and growing. Phoenix 1 Re was named “Asia Insurance Initiative of the Year for 2021”.
Team size and structure:
Investment team of 3. The team has long-term experience and understanding of ILS as an asset class. Its combines over 75 years of industry and management experience at the top level of major financial institutions.
Number of strategies (how many funds, sidecars or strategies):
2
Strategy:
As well as acting as an independent consultant, providing advice and guidance on ILS matters to clients in Asia, ILS Advisers also manages two ILS products.
ILS Diversified Ltd.
The ILS Diversified Ltd. provides investors with returns that are uncorrelated not only to traditional but also to other alternative investments such as hedge funds, private equity or real estate. The goal of the fund is to outperform the Eurekahedge ILS Advisers Index by investing in a well diversified global portfolio of high yielding instruments like catastrophe bonds and other insurance linked securities (ILS), industry loss warranties (ILW) and private re-insurance transactions. The investments are made directly and indirectly through an optimized selection of specialist ILS funds.
Type of investment strategy (fund, sidecar etc):
Fund
Launch date:
Mar 2014
Latest AuM:
$71 million
Underlying asset types:
The fund has exposure to a broad range of ILS assets due to its fund-of-funds approach.
Maneki UCITS Cat Bond Fund
The primary objective of the strategy is to achieve positive returns, by investing in a diversified portfolio of cat bonds globally. The team seeks to generate Alpha by combining:
1. A disciplined underwriting and comprehensive risk assessment.
2. Flexible and focused portfolio which allows to adapt to evolving market environments.
3. Sourcing and structuring private investments to complement overly concentrated public issuances.
Type of investment strategy (fund, sidecar etc):
Fund
Launch date:
Mar 2022 (Track record going back to September 2019)
Latest AuM:
$36 million
Underlying asset types:
Public and privately-structured cat bond transactions.
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Disclaimer:
The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is provided as-is. Best efforts are made to ensure the contents are accurate at the time of publication but there may be some omissions. Please contact Artemis should you require a change to your ILS manager listing.
*Note: Assets under management are prone to fluctuation so the figures here are either the best available or last submitted by included managers.
It is not always possible for us to track the ‘usable’ assets under management (AUM) of most ILS managers, so the figures above tend to include an element of trapped capital. Few ILS managers report AUM figures that exclude trapped capital, unless they have fronting or other arrangements in front of their ILS funds that allow them to do so more readily.
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