alternative investment

Higher short-term interest rates are providing an additional source of return for ILS, while also reshaping strategy-level return attribution across the hedge fund industry. As macroeconomic dynamics shift which management styles deliver relative performance, Don Steinbrugge, of Agecroft Partners, emphasises that the underlying source of an investment’s return now matters just as much as its […]

Nuveen, a US asset manager subsidiary of TIAA, has now completed its acquisition of Schroders in a ~£9.9 billion deal, today setting out a plan to operate separately for 12 to 18 months then realise integration synergies, among which of greatest relevance to our readers private markets is expected to be organised by asset class.

The Stone Ridge High Yield Reinsurance Risk Premium Fund, the main catastrophe bond focused strategy operated by Stone Ridge, has reached a milestone of $5 billion in assets under management, while the investment manager’s AUM across its mutual catastrophe bond, insurance-linked securities and reinsurance funds now sits around $7.6 billion.

Blackstone Alternative Asset Management, the hedge fund solutions unit of Blackstone, has now made a second direct investment into a catastrophe bond through one of its flagship muti-strat alternatives funds.

Stone Ridge Asset Management has grown assets under management across its mutual catastrophe bond, insurance-linked securities and reinsurance fund strategies by more than 8% in the last quarter of record, with additional AUM growth in the following weeks taking them to around $7 billion, a new all-time high.

Reinsurance as an asset class now deserves a place among KKR’s latest Capital Market Assumptions (CMAs), with the investment giant explaining that portfolio construction and private market assets are rising in importance, as a broad beta approach to investing is less appropriate at this stage of the economic, financial and capital market cycle.

The ability of insurance-linked securities investments to deliver a differentiated source of returns compared to broader capital market instruments remains primary in the list of motivations for investing into the asset class, analysis from Gallagher Securities found.

Stone Ridge Asset Management, the New York based alternative risk premia focused investment manager, has reported assets under management across its mutual catastrophe bond, insurance-linked securities and reinsurance fund strategies nearing $6.5 billion, now at their highest levels since late 2018.

This morning it has been announced that Nuveen, a US asset manager subsidiary of TIAA, is set to acquire Schroders for around £9.9 billion, creating a significant global group with around US $2.5 trillion of assets under management, but notably for our market with the Schroders brand to be retained.

Stone Ridge Asset Management, the New York based alternative risk premia focused investment manager, has reported that its two flagship mutual insurance-linked securities and reinsurance investment fund strategies delivered total returns of 33% and 14.27% for the annual period to October 31st, while combined ILS assets managed in its mutual funds surpassed $6 billion.