The Plenum CAT Bond Fund, the flagship offering from Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager Plenum Investments, has become the first ILS fund strategy to receive a German sustainable investment accolade.
ILS and catastrophe bonds as responsible investmentsThe cat bond fund has been awarded the FNG Label by the German “Forum Nachhaltige Geldanlagen e.V.”, acknowledging that as a form of reinsurance and risk transfer, the cat bond instruments invested in promotes and works to safeguard sustainability.