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IRIS Dcg Iris Stg

95.625
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dcg Iris Stg LSE:IRIS London Ordinary Share GG00B7DZCC65 RED ORD SHS NPV STERLING
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 95.625 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 95.625 GBX

DCG Iris (IRIS) Latest News

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DCG Iris (IRIS) Discussions and Chat

DCG Iris Forums and Chat

Date Time Title Posts
20/11/201419:04DCG IRIS : Insurance-Linked Securities21

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DCG Iris (IRIS) Most Recent Trades

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DCG Iris (IRIS) Top Chat Posts

Top Posts
Posted at 18/6/2014 17:36 by jonwig
Liquidation proposal: poor climate for cat insurance unsurprising.

Latest NAV (13/06) 98.49p. Current share price about right.
Posted at 09/6/2013 15:22 by jonwig
Val - thanks!

I think I know the ADVFN idea about "hxxp" (to shaft 'black' users like us). The simple solution is to paste and change, of course.

On the insurance funds, CAT is highest risk (and USD), BCGR medium (USD) and IRIS lowest (GBP). I hold CAT and IRIS.

As for returns, the "uncorrelated" bit does protect you against a nasty fall in risk asset prices ... like we've just tasted! Of course, share price could fall simply because people need to see stuff.
Posted at 08/6/2013 07:51 by valhamos
Seems to be a lot of downward pricing pressure on cat bonds at the moment.

hxxp://www.artemis.bm/blog/2013/06/07/credit-suisse-to-move-iris-ils-fund-out-of-cat-bonds-in-hunt-for-return/
Posted at 09/3/2013 11:32 by jonwig
David S in IC:

I think that the recent spate of big claims on the catastrophe reinsurance front - the New York hurricane being the real biggie - must force a fundamental change in the natural disaster insurance sector. Reinsurers can't keep bailing out the US eastern seaboard for disasters and premiums must start rising, which is why I think now might be a good time to slowly increase my exposure to the reinsurers through the DCG IRIS fund run by a team at Credit Suisse. Again, this isn't exciting stuff and won't blow the lights out (if you can excuse the pun) but I think it reasonable to expect a 6 to 8 per cent annual return through the long-term cycle, with 5 per cent a year paid as income.

And should be uncorrelated with most other asset classes.
Posted at 29/6/2012 06:46 by jonwig
27 June 2012:

DCG IRIS Limited, a Guernsey investment company investing in insurance-linked strategies has raised in excess of £40m, despite the continuing challenges of market conditions.

The Company is a feeder fund, investing its assets in the CS IRIS Low Volatility Plus Fund, which is managed by Credit Suisse AG.

The fund offers investors diversification. The portfolio is diversified across regions for natural catastrophes and risk types, where regions and perils have little or no correlation to each other and enable efficient diversification of the portfolio e.g. Japanese typhoons, US hurricanes and explosions or fire. The fund offers further diversification to investors as returns are expected to have a low correlation to the financial markets.

Robin Fuller, newly-appointed Executive Director of Dexion Capital (Guernsey) Limited and a director of DCG IRIS, said: "The launch of DCG IRIS Limited marks an exciting start to my role here. Achieving a capital raise in such challenging conditions is proof of the strengths of the investment proposition and investors' interest in insurance-related investment strategies. As investment manager to DCG IRIS we remain confident in the company's future growth."

Talmai Morgan, Chairman of DCG IRIS, said: "We are very pleased to launch the company at a time of uncertainty for many investors. We have seen a positive response to the investment proposition and the feedback has indicated a confidence in the company's strengths. We believe firmly in the ability for the company to grow through future tap or C-share raises and we plan actively to pursue these opportunities over the coming year."
Posted at 29/6/2012 06:46 by jonwig
Significant Holdings at 28/03/13 (total 51,125,440 Sterling Shares):

Credit Suisse ......... 10,000,000 24.9%
Ericsson Pensions ..... 70,314,088 21.5%
Dexion Capital (Gy) .... 4,000,000 10.0%
Premier Fund Mgrs ...... 3,803,790. 7.4%
DCG Iris share price data is direct from the London Stock Exchange

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