About
The MLC Alternatives team has been designing and managing alternative investment strategies since 2007. With significant experience and a strong track record delivering for institutional clients, our team is dedicated to delivering innovative solutions that enhance portfolio diversification and performance.
The team designs alternatives portfolios to achieve attractive returns with low correlation to traditional equities and mainstream asset classes. Our strategies include specialised areas such as natural catastrophe reinsurance, niche private credit, and legal finance.
MLC Reinsurance Investment Fund
The MLC Reinsurance Investment Fund (the 'Fund') is designed to generate attractive returns that are generally uncorrelated to equities by investing in reinsurance against natural catastrophe risks.
Why invest in the MLC Reinsurance Investment Fund?
- Diversifying asset class
The Fund invests predominantly in insurance related investments. This alternative asset class provides returns that are generally uncorrelated to mainstream asset classes like equities. The Fund targets a non-correlated return stream where risk is driven by catastrophe events, not investment markets. The portfolio earns a return – in the form of an annual coupon or premium – for providing reinsurance against these natural catastrophe risks. - Tailored multi-manager portfolio design
The MLC Alternatives team designs tailored arrangements with different specialist reinsurance managers with the aim of providing exposure to targeted risks, with a focus on more remote risk and peak perils.
The nuances of strategy design in this asset class matter a lot. For example, determining the risk profile, peril composition, managers selected, and the exposure to public and private reinsurance can all meaningfully impact returns.
The Fund will invest (whether directly or indirectly) predominantly into reinsurance related assets such as quota share notes, catastrophe bonds, collateralised reinsurance contracts, industry loss warrants and co‑investments.
Why invest with the MLC Alternatives team?
The experience, track record and scale of asset base of the MLC Alternatives team’s strategy enables the team to partner with high quality specialist reinsurance managers globally.
This approach has been instrumental in delivering strong performance over the long term.
- Experienced investment team
The MLC Alternatives Team has been investing in insurance-related investments since 2007 and has developed significant experience and a strong track record1. - Scale and cost benefits
The MLC Alternatives Team manages a portfolio comprising in excess of A$2.9bn (as at 31 December 2024) in their insurance-related investments strategy, enabling the Fund to gain cost effective access to a diversified portfolio of specialist reinsurance partners. - Strong risk management
The strategy is implemented through bespoke funds of one or separately managed accounts where the MLC Alternatives Team controls the risk profile of each underlying portfolio.
1 Past performance is not a reliable indicator, or guarantee, of future performance or results. While the MLC Alternatives Team have managed investment portfolios for institutional clients over long periods of time, the MLC Reinsurance Investment Fund (the “Fund”) is a newer fund. There can be no assurance as to the results which may be achieved by the Fund, that investors will receive a return of all or a part of their investment, that the returns generated by the Fund will be equal to or exceed those of the other investment portfolios managed by the MLC Alternatives Team.
