CS Iris Low Volatility Plus Fund

Insurance linked securities (ILS) investment manager Credit Suisse Asset Management has estimated that the insured loss from Sunday’s Napa, California earthquake will come in around the $1.5 billion mark.

Insurance linked investment manager Credit Suisse Asset Management has reported that despite having some small Chile earthquake exposures in its CS Iris Low Volatility Plus fund it does not expect any impact from the recent earthquake in Chile.

Insurance-linked securities and reinsurance-linked investments manager Credit Suisse has now fully resolved the potential exposure its CS Iris Low Volatility Plus Fund Limited had to last years hurricane, or superstorm, Sandy event and has moved side-pocketed investments back into the main fund portfolio.

In the latest monthly managers update for the DCG Iris insurance-linked securities fund, the London Stock Exchange listed closed end ILS investment fund operated by Dexion Capital, it is revealed that Credit Suisse intends to move one of its funds out of catastrophe bonds in an attempt to find a better return for investors.

In a report sent to investors in its CS IRIS Low Volatility Plus Fund, investment manager Credit Suisse has announced that they intend to implement side-pockets for any investments potentially exposed to losses from hurricane Sandy. A side-pocket will allow Credit Suisse to effectively segregate the investments that are at risk from the rest of […]