Ambassador Fund

The Ambassador catastrophe bond focused US mutual fund strategy operated by Embassy Asset Management has grown its total insurance-linked securities (ILS) assets under management to more than US $700 million or the first time, while the strategy delivered an 11.61% return for the last year of record.

The Ambassador US mutual catastrophe bond fund strategy operated by Embassy Asset Management has continued to expand its total insurance-linked securities (ILS) assets under management, with further growth in the last quarter of record which has continued since, lifting the funds AUM to just over $607 million at this time.

The Ambassador US mutual catastrophe bond fund strategy operated by Embassy Asset Management grew its total insurance-linked securities (ILS) assets under management by approximately 23% in the last quarter of record. Its cat bond holdings have continued to grow taking the fund’s AUM to $537 million by the end of June.

The Ambassador US mutual catastrophe bond fund strategy operated by advisor Embassy Asset Management has now expanded its insurance-linked securities (ILS) fund’s assets under management to $428 million, with expansion across the portfolio and more industry-loss warranty (ILW) investments made as well.

The Ambassador US mutual catastrophe bond fund strategy operated by advisor Embassy Asset Management has continued to attract inflows from investors through the Atlantic hurricane season, reaching more than $329 million in assets under management (AUM) this month.

The Ambassador US mutual catastrophe bond fund strategy operated by advisor Embassy Asset Management has continued to expand in the busy cat bond market, driving its net assets to a new high of $263 million by July.

The Ambassador mutual catastrophe bond fund strategy has continued to grow its assets under management in recent months, adding $63.3 million since we last reported on it, to reach $191 million in net assets under management.

The Ambassador mutual catastrophe bond fund strategy has continued to grow in the latest quarter of record, adding close to $30 million in assets in the period to October 31st 2023, to reach $127.7 million in net assets under management.

The Ambassador catastrophe bond mutual fund strategy has now surpassed the $100 million in assets under management (AUM) level needed to be recognised as a qualified institutional buyer (QIB), with further capital raised and allocated to new catastrophe bond positions in the last quarter of record.

Cat bond specialist and former Nephila exec Niall MacGillivray has parted ways with insurance-linked securities (ILS) investment fund manager Tangency Capital to become the dedicated portfolio manager to the Ambassador catastrophe bond mutual fund strategy.