mutual fund

John Brynjolfsson, who recently announced the shuttering of his own investments firm Armored Wolf and its conversion into a family office, is to join James Alpha Advisors to continue managing its James Alpha Global Enhanced Real Return Fund (GRRIX) strategy.

The Maryland State Retirement and Pension System has allocated $100m to one of the funds managed by the largest catastrophe insurance and reinsurance linked investment manager, Nephila Capital.

Further evidence of the continued appreciation of insurance-linked securities (ILS) such as catastrophe bonds, and reinsurance linked strategies in general today, as Sterling Capital Management announced that it’s added ILS to one of its mutual funds.

Nephila Capital, the largest fund manager in the insurance-linked securities (ILS) and reinsurance-linked investment space, has been selected as a sub-advisor for a second multi-asset class mutual fund operated by Blackstone Alternative Asset Management.

Blackstone Alternative Asset Management, the hedge fund solutions group of investment and private equity giants Blackstone, has reduced its allocation to reinsurance as a response to a changed risk/reward profile for the asset class.

Insurance-linked securities and reinsurance-linked investment manager Nephila Capital, the largest asset manager in the space with just over $7.89 billion of insurance-linked assets under management at the firm, has been selected as one of the sub-advisors for a new mutual multi-manager fund offering from Blackstone Alternative Asset Management.

Participation in the insurance-linked security (ILS) and catastrophe bond markets is on the increase from a segment of the investment world which rating agency A.M. Best terms ‘non-specialist investors’. These large, institutional and capital market investors, include entities such as pension funds and mutual funds and they have been steadily increasing allocations to the ILS […]