Plenum Investments news

The Plenum Investments Index that tracks the returns of catastrophe bond funds in the UCITS format has now reached over 16% for the last 12-months, while the year-to-date return has now reached 15.2% for 2023 to the end of November.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has grown the assets under management of its mixed catastrophe bond and subordinated insurance debt ILS investment fund to over US $400 million.

Catastrophe bond funds in the UCITS format have now delivered around 14% in returns year-to-date on average, while their assets under management as a group had recovered to more than $10 billion by the end of October 2023.

Plenum Investments, the specialist Zurich-based asset manager, has seen its two catastrophe bond funds deliver record performance so far this year, despite a significant de-risking having been undertaken over the last twelve months.

Catastrophe bond funds in the UCITS format delivered an average return of 11.81% across the group according to the Plenum CAT Bond UCITS Fund Indices, with a number of factors continuing to drive returns towards record annual levels.

The average return across the group of UCITS catastrophe bond funds has reached a stunning 9.34% as of early August, as cat bond fund strategies continue to deliver outstanding returns in 2023.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has announced the appointment of Dr. Andreas Rickert as a new member of its Board of Directors.

Catastrophe bond funds in the UCITS format experienced a very strong end to the first-half of 2023, with June seeing them deliver an average return of almost 1.9%, which took the H1 2023 average UCITS cat bond fund performance to almost 8.2%.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has surpassed US $1 billion of assets under management for the first time, with its catastrophe bond strategies benefiting from investor demand.

While catastrophe bond funds might have similar return expectation metrics, the tail-risk inherent in each cat bond fund strategy can “differ tremendously,” depending on the underlying portfolio construction, a new study from Plenum Investments shows.