The Schroders Capital insurance-linked securities (ILS) staff has efficiently elevated its ILS belongings beneath administration (AUM) to a brand new excessive of $5.5 billion by the tip of March, representing roughly 25% development in only one 12 months.
Again in March 2023, the Schroders Capital ILS staff’s belongings beneath administration stood at $4.4 billion throughout its vary of disaster bond and personal ILS fund methods and mandates.
The corporate is lively throughout the total spectrum of ILS instrument varieties and threat exposures, together with personal ILS and life, whereas remaining one of many largest asset managers of disaster bonds on the planet.
In reality, at June thirtieth 2024, the Schroder GAIA Cat Bond Fund strategy was the largest UCITS cat bond fund in the market, having grown 14% over the first-half to achieve greater than $3.28 billion in measurement.
The expansion in its disaster bond fund methods has been a key driver of the elevated AUM for the Schroders Capital ILS staff over the past 12 months.
This extends past the European targeted UCITS market, as Schroders had additionally launched a fund vehicle providing access to cat bond and tradable public ILS returns for investors in the U.S. in 2023.
With now $5.5 billion in ILS belongings beneath administration, the Schroders Capital ILS unit stands in joint fifth place in our ILS manager leaderboard.
The broader Schroders group was liable for $956.9 billion of belongings for its shoppers as of the tip of December 2023 and the ILS staff advantages from the dimensions and attain of the worldwide asset administration platform, in addition to its back-office and compliance groups and techniques.
View data on devoted ILS fund managers, in addition to reinsurers providing ILS type funding alternatives, in our Insurance-Linked Securities Investment Managers & Funds Directory.
