Stone Ridge Asset Management news

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets shrank again in the last quarter of record, with overall net assets down more than 7% in the period to January 31st 2020.

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets shrank slightly in the last quarter of record, with the Interval ILS fund down roughly 5% again, but the managers catastrophe bond focused fund was more stable and grew almost 1% in the period.

Stone Ridge Asset Management has raised significant new funds and commitments for quota share reinsurance investing for 2020, with these new funds raised outside of the managers typical mutual ILS funds and CEO Ross Stevens saying this new strategy will support about $1.5 billion of assets and also invest in non-catastrophe risks.

The share price for the interval-style mutual insurance-linked securities (ILS) fund operated by Stone Ridge Asset Management has now declined by almost 5% since the impact of typhoon Hagibis in Japan.

Stone Ridge Asset Management, the New York based mutual fund manager with a focus on alternative risk premia strategies including reinsurance and insurance-linked securities (ILS), continues to work on the establishment of its new Longtail reinsurance platform.

The shrinking of Stone Ridge Asset Management’s insurance and reinsurance linked assets under management slowed again in the investment managers last quarter of record, as its ILS assets ended July at $5.78 billion.

New York based investment manager Stone Ridge Asset Management has registered a new fund to support its capital raising activities around its new Longtail reinsurance platform that we recently revealed the manager to be preparing.

Stone Ridge Asset Management, the New York based manager of reinsurance focused insurance-linked securities (ILS) mutual fund strategies, is beginning the process of raising capital for a new reinsurance platform named Longtail, we can report.

Stone Ridge Asset Management’s insurance and reinsurance linked assets under management shrank by another -4% in the latest quarter of record, finishing the period at $5.93 billion by the end of April as the manager continued to realise losses from catastrophes and redemptions.

Insurance and reinsurance linked assets under management at alternative risk premia focused mutual fund manager Stone Ridge Asset Management shrank by roughly 11% in the last quarter of record, to $6.15 billion across its two dedicated ILS fund strategies.