Plenum Investments surpasses $2bn of assets under management

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has reached a new milestone with more than US $2 billion of assets under management across its funds and strategies for the first time.

Plenum Investments has experienced strong growth across its catastrophe bond investment strategies in recent months, having previously announced back in December that its two flagship CAT bond funds reached a total combined volume of over $1.1 billion.

The cat bond fund strategies have continued to grow, while expansion of assets has also been achieved across the investment managers other strategies, now taking firm-wide assets under management to over $2 billion.

The majority of the assets are allocated across four UCITS funds with a focus on catastrophe bonds and insurance bonds, with strong growth across all strategies over the last couple of years.

In fact, Plenum Investments has now roughly doubled its firm-wide AUM in less than two and a half years, having only exceeded the $1 billion milestone back in July 2023.

Dr. Rainer Grünig, CEO of Plenum Investments AG, commented on the success, “We are particularly pleased that our fund assets have grown steadily and, above all, organically over the years. This demonstrates that our consistent specialization strategy in clearly defined investment segments is as compelling as our educational and partnership-driven dialogue with clients.”

Grünig further highlighted that outcomes like this are only possible when companies and investors act together, emphasising the importance of taking a long-term partnership perspective, adding, “On behalf of the entire team, I would like to thank our clients and business partners for their trust, especially those who have accompanied us since the beginning of our journey.”

Daniel Grieger, Head of Portfolio Management, added, “Our clear focus on a select number of funds is delivering results. The strategies are achieving top-tier performance within their respective segments. It is also noteworthy that new assets are broadly distributed across all funds, and that all strategies have now reached institutional scale.”

Dirk Schmelzer, Fund Manager responsible for ILS and CAT bonds, further stated, “Strong demand for our CAT bond funds is driven not only by the very solid performance over the past three years, but also by the growing recognition among investors that capacity in the CAT bond market, as in other fixed-income niches, is limited. Ultimately, the optimal fund size is what matters.”

Plenum Investments is just one of the specialist managers of cat bond and ILS fund managers listed in our Insurance Linked Securities (ILS) Investment Managers & Funds Directory.