Plenum Investments news

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.

The market for subordinated insurance debt bonds is expected to bottom out soon, as more clarity is gained on the future direction of interest rates. But while this can slow issuance of insurance bonds and debt, specialist investment manager Plenum Investments believes an opportunity is emerging for investors to capitalise on market forces.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has announced a partnership with the Winterthur AWI pension fund investment group that will see it manage a subordinated insurance debt strategy.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has announced the launch of a new higher-yielding catastrophe bond fund strategy, called the Plenum CAT Bond Dynamic Fund.

A mixed catastrophe bond and subordinated insurance debt insurance-linked securities (ILS) fund managed by Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, hit $150 million in assets in its first year and delivered over 10% gross performance.

Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has had its catastrophe bond, insurance private debt and life settlements investment funds all classified as ESG relevant under the EU’s Sustainable Finance Disclosure Regulation (SFDR).