mutual fund

Two experienced insurance-linked securities (ILS) and reinsurance linked investments executives are returning to the market with a new fund launch, the open-ended mutual Context Insurance Linked Income Fund.

Industry loss warranty (ILW) investment focused mutual insurance-linked securities (ILS) fund, the City National Rochdale Select Strategies Fund (CNRLX), has grown in its last reported quarter while at the same time losses from the prior year appear to have been largely settled.

OppenheimerFunds, Inc, the investment manager that operates a catastrophe bond strategy and is in the process of launching an insurance-linked securities (ILS) interval mutual fund, is being acquired by investment giant Invesco, with the combined entity set to be a $1.2 trillion powerhouse in asset management.

Rational Funds, a provider of mutual fund products that focuses on delivering superior risk-adjusted returns through a systematic investment process, often with an alternative focus, is launching its first insurance-linked securities (ILS) fund strategy.

There has been little in the way of assets under management growth at the industry loss warranty (ILW) focused mutual insurance-linked securities (ILS) fund, the City National Rochdale Select Strategies Fund (CNRLX), in the latest quarter.

Total net assets appear to have risen at industry loss warranty (ILW) focused mutual insurance-linked securities (ILS) fund the City National Rochdale Select Strategies Fund (CNRLX) in the last quarterly report, but at the same time the value of investments in the portfolio was almost static.

Asset manager Oppenheimer is expanding its insurance-linked securities (ILS) and reinsurance linked investment offering with the launch of its first strategy that invests across the ILS instrument spectrum, beyond just catastrophe bonds, an interval mutual fund structure named the Oppenheimer ILS Interval Fund.

A lower than expected industry loss from hurricane Irma helped the industry loss warranty (ILW) focused mutual insurance-linked securities (ILS) fund, the City National Rochdale Select Strategies Fund (CNRLX), recover much of its wind ILW losses, as positions moved from being considered a loss to untouched.

The City National Rochdale Select Strategies Fund (CNRLX), an industry loss warranty (ILW) focused mutual insurance-linked securities (ILS) fund run by Royal Bank of Canada subsidiary City National Rochdale, LLC, saw the value of its investments decline 22% due to the major hurricanes that hit the United States.

In just the first few days of operation of its ILW focused mutual insurance-linked securities (ILS) fund, Royal Bank of Canada subsidiary City National Rochdale, LLC raised over $15 million, its first report suggests. The asset manager is also set to target reinsurance linked investments and ILS for its other mutual fund strategies as well.