Specialist insurance-linked securities (ILS) manager Twelve Securis has announced the launch of its new Mosaic ILS Fund, jointly developed with Swiss private bank, Union Bancaire Privée (UBP), building on their established working relationship.The Mosaic ILS Fund will be managed by Twelve Securis and UBP will act as strategic partner in both the development and distribution of the strategy.The fund follows a multi-segment ILS approach, and will invest across catastrophe bonds and private ILS strategies.According to the companies, the diversified construction of the new fund is designed to take advantage of attractive market opportunities while at the same time actively managing insurance and reinsurance cycles.

The partnership will leverage Twelve Securis’ specialist ILS and investment capabilities with UBP’s strong distribution platform and access to clients., Securis Investment Partners, prior to its merger with Twelve Capital, signed a distribution agreement with UBP, enabling the private bank to offer Securis’ global ILS management capabilities to institutional investor clients and third-party distributors.The new, jointly developed Mosaic ILS Fund, according to the pair, underscores the continued cooperation between the two companies, as well as their shared commitment to delivering high-quality, innovative investment solutions for clients.

Both Twelve Securis and UBP developed the fund and it will be marketed by both firms as they look to provide investors with “a resilient and adaptive solution that addresses evolving client needs while maintaining a strong focus on disciplined risk management, transparency, and long-term value creation.” Urs Ramseier, CEO of Twelve Securis, said: “We are very pleased to expand our cooperation with such a high-quality partner as UBP.Close collaboration between fund investment management and distribution is key for success in today’s market environment.By combining our respective strengths, we have developed the Mosaic ILS Fund that is well positioned to navigate market cycles and capture opportunities across both public and private ILS segments.” Nicolas Faller, Co-CEO Asset Management of UBP, commented: “Insurance-linked securities are a compelling source of uncorrelated yield and a growing, institutionalising market segment.

UBP believes that they are better accessed through an independent specialist and an ILS investment management leader, such as Twelve Securis.”.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.