reports
- James Carthew
Wind-blown, but still standing
Blue Capital Alternative Income’s (BCAI’s) NAV declined by 24.8% during 2017, on a total return basis. BCAI’s manager says that the 2017 Atlantic hurricane season, which accounts for most of the fall, was perhaps a one in 33-year event and that BCAI’s losses are in line with its internal projections. BCAI now has less capital to deploy although, with insured losses estimated by Munich Re at $135bn globally, this also applies to other reinsurers. This has resulted in increased rates for the Janua...
- James Carthew
Wind-blown, but still standing
Blue Capital Alternative Income’s (BCAI’s) net asset value declined by 24.8% during 2017 (including dividends). BCAI’s manager says that the 2017 Atlantic hurricane season, which accounts for most of the fall, was perhaps a one in 33-year event and that BCAI’s losses are in line with its internal projections for such a scenario. BCAI now has less capital to deploy although, with insured losses estimated by Munich Re at $135bn globally, this also applies to other reinsurers. This has resulted in ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.