Fermat Capital Management has launched a new strategy specifically for investors in New Zealand, with the Fermat Cat Bond PIE Fund becoming the first cat bond fund structured in the tax efficient Portfolio Investment Entities format.
In recent year’s, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager has been broadening its distribution reach through a build-out of its investor relations team, including the hire of Greg Hickling as an Investment Director in the APAC region, and by establishing new funds and access points to target more institutions and large investors.
This strategy has been delivering for Fermat Capital Management. We recently reported that the ILS investment manager has now surpassed $11 billion of cat bond and ILS assets under management for the first time.
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