Blue Capital Alternative Income Fd Update research from QuotedData
February 14 2018 - 2:45AM
RNS Non-Regulatory
TIDMBCAI
Blue Capital Alternative Income Fd
14 February 2018
Blue Capital Alternative Income Fund Limited - Update research
from QuotedData
14 February 2018
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 increased rates
(prices) for the January 2018 reinsurance contract renewal season
and the manager projects an 8%-13% return for 2018.
Full research:
https://quoteddata.com/2018/02/blue-capital-alternative-income-wind-blown-still-standing/
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NB: Marten & Co was paid to produce this note on Blue
Capital Alternative Income Fund Limited and it is for information
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END
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