The Future Fund, one of Australia’s sovereign wealth investment funds, has allocated capital to a second ILS fund manager by selecting Kiskadee Investment Management, the insurance-linked securities (ILS) fund and reinsurance-linked investment arm of re/insurer Hiscox.
The Future Fund is a sovereign wealth fund designed to provide the Australian government with financial support by offering unfunded superannuation liabilities, capitalised to the tune of AUD$117.3 billion, as at March 31st 2016...............................................Full Article: Source
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