Securis establishes cat bond fund

Securis Investment Partners has launched its first
Ucits-compliant cat bond fund, continuing the trend for new
offerings focused on the liquid side of the market.Many of the Zurich-based insurance-linked securities (ILS)
specialist managers run Ucits-compliant funds, but until recently
their London peers did not offer this form of mutual fund, which
can be marketed freely across the European Union but which is
limited to tradeable reinsurance investments.Leadenhall Capital also set up a new Ucit