| The Future Fund, an Australian sovereign wealth investor, has selected independent insurance-linked securities (ILS) and reinsurance-linked investment manager Elementum Advisors as its first investment manager to be focused on alternative risk premia.
The Future Fund is a AUD$117 billion sovereign wealth fund, designed to support the Australian government’s financial position by providing for unfunded superannuation liabilities. The sovereign wealth fund has been investigating the ILS and reinsurance space, as a potential new asset class to add to its portfolio, for some time...............................................Full Article: Source |