Can Reinsurance Exposure Provide Uncorrelated Alpha?
Posted on 12/17/2015
Chief investment officers love to talk about finding uncorrelated assets. Sovereign funds and pensions like Australia’s Future Fund, the New Zealand Superannuation Fund, and the Pennsylvania Public School Employees Retirement System seek risk-adjusted returns, especially if it springs from an uncorrelated source. Insurance-linked securities (ILS) are gaining traction as a viable asset class for institutional […]
