Lombard Odier Investment Managers (LOIM), the institutional asset management arm of Lombard Odier Group, has appointed an Insurance Linked Strategies (ILS) team to offer institutional clients a further asset class with low correlation to mainstream assets. Gregor Gawron joins with team members Simon Vuille and Marc Brogli. Gawron led the CAT bonds and ILS offering at Dynapartners and before that at Falcon Private Bank. Prior to this, Gawron was a portfolio manager in the ILS team at RMF\/Man Investments, where he worked closely with his current team.<\/p>\n
Based in LOIM\u2019s office in Zurich, the ILS team will report to Jan Straatman, LOIM\u2019s Chief Investment Officer.<\/p>\n
\u201cCAT bonds are uncorrelated to other risks, including economic and capital market events, while the 4%-6%[[www.Artemis.bm Deal Directory]] returns on offer remain attractive. The overall ILS universe size is close to $60bn[[ Source: AON Benfield \u2013 Reinsurance Market Outlook, January 2015]] and growing steadily<\/em>.\u201d Straatman said. Gawron\u2019s team uses a proprietary approach aimed at optimising portfolios of insurance linked securities and targeting maximum diversification across different risk types, and different regions. <\/p>\n \u201cWe are excited to bring our ILS offering to LOIM, whose values we share and where we can leverage the firm\u2019s sophisticated infrastructure to benefit investors,<\/em>\u201d said Gregor Gawron.<\/p>\n The ILS\/CAT Bond boutique expands LOIM\u2019s high conviction fixed income range. \u201cIn the next couple of years, fixed income will be more volatile and subject to rising rates<\/em>\u201d, adds Jan Straatman. LOIM\u2019s Geneva-headquartered business managed $49 billion on behalf of clients at the end of December 2014. LOIM\u2019s managers seek to deliver performance by identifying sources of risk and return through absolute return, smart beta and high conviction strategies. LOIM offers a range of solutions including risk-based asset allocation, thematic equity investments, convertible bonds, absolute return as well as single-manager hedge funds.<\/p>\n","protected":false},"excerpt":{"rendered":" Dr Gregor Gawron to head Insurance Linked Strategies Offering meets the need for low correlated building blocks for diversified portfolios.<\/p>\n","protected":false},"author":20,"featured_media":44037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1687,1655,1671,1651,1437,1691],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44039"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=44039"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/44037"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=44039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=44039"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=44039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n \u201cInvestors face multiple challenges that are tough to reconcile: low growth, zero interest rates and valuations getting stretched. Institutions can find themselves lured into taking more risk without getting the returns expected. We need to help clients increase returns while safeguarding capital and that means better building blocks for portfolios. CAT bonds possess those qualities.<\/em>\u201d<\/p>\n
\n \u201cIt will be crucial to add active and high conviction strategies which protect clients better against rising rates, instead of the traditional market cap based strategies. CAT bonds can meet these criteria with a higher starting yield and floating rate coupon.<\/em>\u201d<\/p>\n