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Oppenheimer grows cat bond fund AuM despite impact of losses

OppenheimerFunds, Inc, the asset manager that is in the process of being acquired by investment giant Invesco to create a $1.2 trillion global powerhouse, has grown the catastrophe bond and related insurance-linked security (ILS) assets under management of its flagship cat bond fund.The Oppenheimer Master Event-Linked Bond Fund, LLC, counted read the full article →

Cat bond investor Entropics takes new manager investment

Swedish catastrophe bond fund manager Entropics Asset Management AB has taken a new investment in the management company from a well-known Swedish IT entrepreneur, with Lars Irstad purchasing 9.9% of the asset manager.Irstad founded successful IT consultancy Programator, which was the largest IT company in Sweden in 1992 when it read the full article →