China’s emergence as a leader in renewable energy, electric vehicles and artificial intelligence (AI) will provide long-term investment opportunities for international investors, according to business leaders. “For a long time, China was viewed as a copycat,” Fred Hu Zuliu, chairman and CEO of Primavera Capital, said during panel discussion at the first World Economic Forum … Read more
RenaissanceRe, the Bermuda-based reinsurance company and third-party ILS capital manager, has now officially launched its first UCITS compliant property catastrophe bond fund strategy, the RenaissanceRe Medici UCITS Fund, with $340 million of capital allocated, confirming our reporting from three months ago.Back on December 4th 2024, Artemis reported that RenaissanceRe (RenRe) was expected to become the … Read more
The ILS Advisers Fund Index has reported a -0.38% return for January 2025 on the back of the recent California wildfire losses. With 75% of ILS fund managers having reported returns for the period so far, the Index could fall further as additional data points from private ILS strategies are included.ILS Advisers noted that the … Read more
Indonesia has launched a new sovereign wealth fund with an initial US$20 billion commitment that could potentially boost its economy or falter if its management falls short of international standards. Daya Anagata Nusantara, or Danantara, launched last week by President Prabowo Subianto, will be an investment vehicle and a holding company for Indonesia’s powerful state-owned … Read more
The Hong Kong government’s HK$62 billion (US$8 billion) investment fund is teaming up with a medical group co-founded by the city’s former finance minister to bring innovations developed by start-ups into clinical use across the Greater Bay Area. Hong Kong Investment Corporation (HKIC) said on Wednesday that it would fund New Frontier Group as it … Read more