Zurich based insurance linked securities specialist Solidum Partners will assume the asset management of the CAT bond funds of Falcon Fund Management from 1 August 2019.
The current portfolios include the Insurance Linked Strategy and Insurance Opportunities funds. Further product launches are intended under the collaboration.
"The CAT bond market is growing dynamically. At the same time, the last two years imposed some challenges on the asset class. In this context we are delighted that we can bring our long standing experience of managing insurance linked securities to the collaboration with Falcon Fund Management", said Karsten Bromann, managing partner of Solidum Partners
"Assuming the asset management role for the Falcon Ucits CAT bond funds for institutional investors constitutes an important next step in the development of Solidum Partners. The Solidum and Falcon products in the ILS sector complement each other ideally in order to provide investors the choice of a fitting investment solution", added Stefan Mzys üller, CEO of Solidum Partners.