Global investors are continuing to shift their attention towards
alternative asset classes such as insurance linked securities
(ILS), according to the third annual Guernsey-hosted ILS
Masterclass.
The event, 'ILS Insight', which was held in Zurich,
attracted more than 100 delegates from across the insurance, asset
management, wealth management and adviser communities and featured
major figures discussing the key issues of the day. Guernsey
Finance Chief Executive Dominic Wheatley said the event had been a
tremendous success and offered a terrific insight into the fast
developing asset class.
"As our speakers and panellists said, the UK's move to
develop its own market offering in the ILS space, is clear evidence
of the growing importance of the sector. Investors are clearly
attracted to this type of asset class because of its low
correlation with the broader financial markets and that shows no
signs of slowing down," said Mr Wheatley.
