SEF Entropics Cat Bond Fund, the first cat bond fund managed by a Scandinavian manager, has been authorized by the Luxembourg financial supervisory authority, the CSSF, and passported into the Swedish Market. The authorization enables Entropics to open the Fund at its own discretion. It also makes Entropics only the ninth fund manager globally to offer a UCITS compliant cat bond Fund. Read more.
Entropics to Implement Advanced Catastrophe Modeling Solution to Manage its Portfolio of Catastrophe Bonds
Entropics Asset Management AB (“Entropics”), the first Swedish asset manager specializing in Catastrophe Bonds, has chosen AIR Worldwide’s CATRADER® to model and manage its portfolio of catastrophe bonds. Entropics thus becomes the first asset manager in Sweden to leverage the power and functionality of catastrophe modeling software to analyze the impact of catastrophe events on global insurance-linked securities. Read more.
The first asset manager specializing in cat bonds has been authorized in Sweden, as Entropics Asset Management this week was licensed by Finansinspektionen, the Swedish Financial Supervisory Authority, to carry out discretionary portfolio management. Entropics will also be one of the first ten managers worldwide to offer UCITS-compliant cat bond funds. Read more.