Swisscanto Asset Management International S.A. has launched its first UCITS catastrophe bond fund under Luxembourg Law, the Swisscanto (LU) Bond Fund Cat Bonds, debuting with just over US $25 million in assets under management (AUM).
According to the announcement, the fund will invest exclusively in standardised, tradable cat bonds to provide qualified investors with focused, liquid, and transparent access to insurance risk premiums.
The strategy is embedded in the risk and governance framework of Zürcher Kantonalbank, Switzerland’s second-largest asset manager and the investment manager for Swisscanto funds.
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