Twelve Capital Group has launched its insurance equity strategy.
The portfolios launched to date have a focus on M&A activity in the insurance sector and are designed to offer investors access to the attractive investment opportunities across the entire (re-)insurance balance sheet.
The launch further complements Twelve’s existing strategies, insurance-linked securities and insurance debt, which the firm has been running for several years.
Urs Ramseier (pictured), managing partner and CEO of Twelve Capital Group, says: “Twelve was established with the aim of providing institutional investors access to the interesting investment opportunities across the insurance balance sheet. After ILS and Insurance Debt, equity was the missing piece which we have now been able to add to our offering.”
William Hardcastle, director and strategy head of Twelve Capital’s liquid equity strategy, adds: “Insurance equity offers compelling value with significant dividend yield attractions. The M&A focused strategy seeks to take advantage of material M&A premia in addition to already attractively priced securities. The multitude of factors driving M&A remain, including subdued organic growth opportunities, increased importance of scale, cheap financing and currency dislocations.”
