hedge fund

Here’s a valuable lesson for all those involved in the investment aspect of the energy sectors. Cumulus Energy Fund, managed by PCE Investors Ltd, has gained 46% this year to the end of July, beating some of its competitors by a pretty significant margin to top a report looking at returns from energy hedge funds. […]

Willis, the global insurance broker, has closed what is being called a ground-breaking index-based hedge for U.S. electric generation and retail company NRG Energy Inc. The transaction offsets the potential financial impact to NRG if a hurricane were to affect its business in the Houston, Texas area. The risk management vehicle used is known as […]

Institutional investors seem to be increasingly confident about the cat bond market as they start to pour funds back into the asset class. After the blip in the market caused by the failure of Lehman Brothers the market appears to be back in favor as investors realise that the returns and low correlation still make […]

Eurex, one of the world’s largest derivatives exchanges and the largest clearing house in Europe, have announced today that they are to become the first European exchange to offer hurricane futures for trade and clearance. The hurricane wind damage futures will launch on the 29th June 2009 and demonstrate the continuation of Eurex’s aggressive push […]

We’ve mentioned in the past the potential for catastrophe bonds to be utilised by the banking systems as a way to protect against the failures we’ve seen due to the global financial meltdown. Now, the International Monetary Fund has published a working paper which suggests exactly that as a possible left-field approach to protecting financial […]

47 Degrees North, a hedge fund backed by Iveagh the investment office of the Guiness family, has announced that it is launching a new fund-of-funds portfolio specially designed to be uncorrelated with other equities or fixed income. The new fund, named Innovation, will invest in other funds focusing on areas such as transportation, electricity, Middle-Eastern […]

Aspen Insurance Holdings has announced that it is taking it’s first step into the insurance-linked security fund management marketplace with an investment of $25m in a newly formed ILS fund. They have partnered with and invested in a newly formed specialised investment fund, Cartesian Iris 2009A which is focused on insurance linked securities and reinsurance. Aspen […]

A new entrant to the Bermuda reinsurance market is planning to offer predominantly industry loss warranties. Iris Re, which began operating on Wednesday, has been created by private equity firm Cartesian Capital Group LLC. Cartesian say they have created the reinsurer to provide much needed reinsurance capacity at a time when the capital market investment […]

AMP Capital Investors, a multi-fund specialist investment manager, has selected Bermudian insurance-linked securities specialists Nephila Capital to manage a new $44m mandate that will invest in a range of insurance-linked securities and catastrophe bonds. AMP Capital Investors director of investment Sean Henaghan said “We are impressed with the non-correlation of the returns in the insurance-linked […]

Pension funds have typically been conservative with where they choose to invest their funds. News has emerged today that one of the more conservative funds in the UK has decided to invest a 17.5% portion of it’s assets into hedge funds and alternative assets which will include insurance-linked securities. Berkshire County Council has a pension […]