Entropics to distribute cat bond fund through Avanza Bank


Entropics Asset Management AB, the first Swedish insurance-linked securities (ILS) and catastrophe bond fund manager, has signed a distribution agreement for its catastrophe bond fund’s retail share class with Avanza Bank.

Avanza Bank, a Swedish online bank with 130,000 customers and savings under management totaling SEK 140 billion (approximately $16.5 billion), is the largest online bank and stock broker in Sweden.

Avanza is the second retail distributor that Entropics has signed up with. Earlier this month the asset manager announced that its SEF Entropics Cat Bond Fund, the catastrophe bond focused investment strategy to be launched in the Scandinavian region, was available to retail investors through Swedish online bank Nordnet.

Robert Lindblom, Entropics CEO, told Artemis; “We see a strong interest from retail consumers through both Nordnet and Avanza and we have also received several inquiries from customers in other banks. The present discussion on when and whether the stock market will peak spurs interest in uncorrelated assets.”

The SEF Entropics Cat Bond Fund is a UCITS fund structure, allowing it to be offered to retail investors through an appropriate share class. Entropics sees opportunities to bring the catastrophe bond asset class to more retail type investors through these distribution partnerships.

Artemis London 2022 - Insurance-linked securities conference in LondonTickets are selling fast for Artemis London 2022, our first ILS conference in London. Sept 6th, 2022.

Register soon to ensure you can attend.

Secure your place at the event here!

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.