Man Group, a global independent alternative and active investment management firm, has made an application to establish a UCITS catastrophe bond fund under its Man AHL brand, Artemis has learned from sources.
Man Group already invests in catastrophe bonds across alternative investment funds under its Man AHL arm, the unit that has a focus on systematic strategies to deliver diversification as well as returns to investors.
The company has a dedicated catastrophe bond fund strategy, the AHL Cat Bond Programme, which follows a long-only systematic approach to provide investors with exposure to insurance risk premia through tradable insurance assets, so typically 144A cat bonds.
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