CalPERS is making its first ever investment allocation to an insurance-linked securities strategy, we are told
CalPERS said investing in cat bonds for first time | | | CalPERS said to be investing in catastrophe bonds for the first time  CalPERS, the largest public pension fund in the United States with total assets under management of over $582 billion, is making its first ever investment allocation to the insurance-linked securities sector, we understand in catastrophe bonds, Artemis has learned. We are told by market sources that CalPERS is making, or may already have made, an investment into ILS (we are told cat bonds) after a period of collaborative working on the project between its fixed income and private debt teams. This news is a further important signal of the growing acceptance of the ILS and cat bond asset class among large institutional investors. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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