Plenum Investments Ltd.
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.
Plenum Investments Ltd. - snapshot
- ILS manager or company name: Plenum Investments Ltd.
- Location (HQ / Domicile): Zurich, Switzerland
- Date of launch: Sep 2010 (launch ILS business)
- Assets under management *: $430 million (AuM as at January 2018, $400mn in the Plenum Cat Bond Fund)
- Website link: Plenum Investments Ltd. website
Plenum Investments Ltd. - Details
Company profile:
Plenum Investments Ltd. is an independent investment manager dedicated to ILS/CAT bonds. Its investment professionals have both a capital market and a reinsurance background. Plenum puts its focus on conservative, highly diversified CAT bond strategies.
Plenum is owned by its partners, all active in the current
management or board of the company.
Plenum Investments Ltd. is registered as an investment manager under the Swiss Federal Banking Act on Collective Investments Schemes (KAG) and is therefore regulated by the Swiss Financial Market Supervisory Authority (FINMA).
Team size and structure:
10 people (portfolio management 2, origination/underwriting 3, risk management 1, product specialists 2, sales & back office 2)
Number of strategies (how many funds, sidecars or strategies):
3 – one mutual fund, two managed account
Offers private managed accounts?
Yes
Plenum CAT Bond Fund
The Plenum CAT Bond Fund aims to achieve an attractive return over money market investments by investing in a globally diversified portfolio of CAT bonds.
The management approach of the core fund aims to minimize the exposure to a single insurance event risk while achieving a moderate target return (Money Market Rates plus 400 basis points) for investors.
Our unique investment selection and management approach ensures minimal exposure in case of a natural catastrophe. Peril and region exposure is limited by investment guidelines.
The information below is as of 31.12.17 for the USD Retail Class of the fund. The performance for the institutional share class would be approximately 65bps higher because of a lower management fee.
Returns by year:
2011: -3.14%, 2012: 6.51%, 2013: 5.53%, 2014: 2.74%, 2015: 1.86%, 2016: 3.76%, 2017: 0.25%
Type of investment strategy (fund, sidecar etc):
Open-ended UCITS V mutual fund
Launch date:
6th Sep 2010
Underlying asset types:
Cat Bonds
Annualised return:
2.42%
Best monthly return:
1.26%
Return since inception:
19.09%
Sharpe ratio:
0.92
Percent positive months:
75%
Annualised standard deviation:
1.44% (36 months)
The Plenum CAT Bond Fund is registered for public distribution in
• Liechtenstein
• Germany
• Austria
• Netherlands
• Luxembourg
• Switzerland
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 listing.
*Note: Assets under management are prone to fluctuation so the figures here are either the best available or last submitted by included managers. There is an element, albeit small, of insurance debt within this combined AuM.
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