Regulatory News

  View printer-friendly version << Back

Blue Capital - Update research from QuotedData

RNS Number : 7973E
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/ 

 

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

 

NB: Marten & Co was paid to produce this note on Blue Capital Alternative Income Fund Limited and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

QUOTEDDATA
123a Kings Road | London SW3 4PL
Tel: +44 (0) 20 3691 9430

www.quoteddata.com | research@quoteddata.com | www.martenandco.com 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRASFLFWDFASEFE
Print Page Print Page | E-mail Alerts Email Alerts