Solidum Companions AG, a Swiss insurance-linked securities (ILS) funding supervisor, has expanded the distribution attain of its disaster bond and ILS fund methods, together with ramping up gross sales actions in Germany with a brand new partnership and a rising deal with banks and wealth managers in Switzerland.
The ILS funding supervisor is kick-starting a brand new part of progress with its efforts to develop the distribution attain of its funds, with Germany seen as one space of specific alternative.
Solidum Companions is working with Reuss Non-public Entry to supply its cat bond fund and broader ILS fund methods into the German institutional investor market.
Recall that, Solidum Companions has a devoted disaster bond fund within the UCITS format, in addition to quite a lot of ILS fund methods that make investments extra broadly, one utilizing the personal cat bond construction to securitize danger and one other that invests into collateralized reinsurance or retrocession, in addition to another devices resembling ILW’s or sidecars.
Reuss Non-public Entry is a specialist platform that assists funding managers with worldwide cross-border market entry between Switzerland and the European Union.
Solidum Companions is working with Reuss Non-public Entry to ease cross-border gross sales, develop its distribution attain and in the end get its cat bond and ILS fund product vary in entrance of extra European buyers.
The main focus is on Germany at the moment, however may embody extra of Europe over time, enabling Solidum Companions to carry its ILS fund choices a lot nearer, extra simply, to a bigger pool of worldwide buyers and enter new markets.
Additional to the partnership with Reuss Non-public to entry European buyers, beginning with Germany, Solidum Companions can also be increasing its distribution efforts inside its residence market of Switzerland.
The funding supervisor is now focusing on banks and wealth managers extra actively, along with its established market segments of household places of work and pension funds.
Ulrich Behm, Associate for gross sales and advertising and marketing at Solidum Companions, instructed us, “We’re excited to develop our distribution efforts into the wealth administration market whereas the demand is rising. Particularly now by way of excessive volatility and low rates of interest.”
