Schroders Capital grows ILS AUM ~25% in a year to $5.5bn

The Schroders Capital insurance-linked securities (ILS) team has successfully increased its ILS assets under management (AUM) to a new high of $5.5 billion by the end of March, representing approximately 25% growth in just one year.

Back in March 2023, the Schroders Capital ILS team’s assets under management stood at $4.4 billion across its range of catastrophe bond and private ILS fund strategies and mandates.

The company is active across the full spectrum of ILS instrument types and risk exposures, including private ILS and life, while remaining one of the largest asset managers of catastrophe bonds in the world.

In fact, at June 30th 2024, the Schroder GAIA Cat Bond Fund strategy was the largest UCITS cat bond fund in the market, having grown 14% over the first-half to reach more than $3.28 billion in size.

The growth in its catastrophe bond fund strategies has been a key driver of the increased AUM for the Schroders Capital ILS team over the last year.

This extends beyond the European focused UCITS market, as Schroders had also launched a fund vehicle providing access to cat bond and tradable public ILS returns for investors in the U.S. in 2023.

With now $5.5 billion in ILS assets under management, the Schroders Capital ILS unit stands in joint fifth place in our ILS manager leaderboard.

The wider Schroders group was responsible for $956.9 billion of assets for its clients as of the end of December 2023 and the ILS team benefits from the scale and reach of the global asset management platform, as well as its back-office and compliance teams and systems.

View information on dedicated ILS fund managers, as well as reinsurers offering ILS style investment opportunities, in our Insurance-Linked Securities Investment Managers & Funds Directory.