Schroders adds insurance linked securities to product offering
Schroders has added Insurance Linked Securities to its product offering for institutional clients for the first time, following the acquisition of 30% of Secquaero Advisors Limited, an Insurance Linked Securities investment management business in Switzerland.
At the end of March 2013, Secquaero advised assets under management of approximately US$280m.
“Insurance Linked Securities is an exciting and growing investment category offering attractive risk-adjusted returns, while at the same time genuinely diversifying the portfolio. We are delighted to be able to offer this new asset class to our institutional clients,”said Stephen Mills, head of Switzerland.