Plenum Investments news

Catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices, have gained further ground in the last week of reported data, jumping more than one percent on average at the last available calculation point of November 4th.

As anticipated, catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices, have recovered some more ground that had been lost due to hurricane Ian in the last week reported.

Catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices, appear to have hit the bottom of their hurricane Ian related decline, with a slight gain in the last week reported and we believe more gains to come according to other market signals.

Catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices, continued to decline in the last week, falling another average of nearly half a percent, bringing them to a -6.5% decline on average since hurricane Ian made landfall.

Catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices have fallen further in the wake of hurricane Ian at the last index calculation, with the average decline since the storm made landfall now -6.04% across the indices.

The Plenum CAT Bond UCITS Fund Indices have fallen by the largest percentage in their history after hurricane Ian, driving home the significant mark-to-market losses driven by the storm, as well as the expectation the cat bond market faces its largest single event losses on record.

A newly developed set of catastrophe bond fund indices from Swiss asset manager Plenum Investments clearly shows how, in general, cat bond funds and returns have recovered back to June levels, so gaining back most of the value that had been lost due to high selling-pressure in the marketplace.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has published a new market study and Index family, enabling UCITS cat bond funds to be compared for the first time, while improving the transparency of the cat bond marketplace.

Investors should be looking at subordinated insurance debt bonds as with spreads elevated the opportunity to invest into the bonds issued by highly capitalised companies with high Solvency II ratios is an attractive opportunity, according to Plenum Investments.

Insurance bonds as an asset class are yet again showing their resilience amid recent market turmoil, while spreads have reset to levels last seen a few years ago, presenting an investment opportunity, Twelve Capital has said.