| Australia’s sovereign wealth investment organisation The Future Fund made a $100m+ allocation to insurance-linked securities (ILS), such as catastrophe bonds and collateralized reinsurance, through its mandate with Elementum Advisors in 2015.
According to the Future Fund’s latest annual report the AUD$117 billion sovereign wealth fund, which was designed to support the Australian government’s financial position by providing for unfunded superannuation liabilities, added the ILS allocation as part of its new focus on alternative risk premia investing...............................................Full Article: Source
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