Switzerland based pension fund Nest Sammelstiftung, or the Nest Collective Foundation, saw catastrophe bonds and insurance-linked securities (ILS) as one of its best investment asset classes in performance terms in 2024, benefiting from over 20% across its cat bond and reinsurance allocations.
Nest Sammelstiftung positions as an ecological-ethical pension investor, adopting sustainable investment strategies, one of which is the inclusion of natural disaster risk via some cat bond and insurance-linked securities (ILS) fund strategies.
Nest allocates to two natural catastrophe focused ILS funds, one a reinsurance focused fund under Swiss Re’s ILS platform, the other a pure catastrophe bond offering from Twelve Securis. Alongside these managers, Cambridge Associates is also listed as assisting Nest with its ILS investment strategy.
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