13 July 2016Centaur Claims Bond offers fixed rate of return in volatile market conditions
Dubai - Centaur Asset Management, the multi-award winning international asset management and investment advisory division of Centaur Holdings, the international investment group, has announced the launch of the innovative Centaur Claims Bond, an addition to the Centaur Investments bond products, offering investors attractive and stable fixed income returns.
The Centaur Claims Bond, issued by Centaur Group Finance Ltd, is listed on the Bermuda Stock Exchange, and was created to finance UK-based claims management companies regulated and approved by the UK Ministry of Justice.
Investors who purchase Centaur Claims Bonds will receive a fixed return ranging from 6.25% to 7.75% per annum for terms ranging from 3 to 5 years. At the end of the term, investors receive their original investment back.
Over the last 6-7 years, third party litigation and/or claims funding has established itself as an attractive asset class for sophisticated investors looking to diversify their portfolios beyond more traditional financial instruments.
Commenting on the launch, Franklin Connellan, Director of Business Development of Centaur Asset Management's Dubai Headquarters, said:
"Given current market turmoil post-Brexit, this is an excellent option for those looking for a hassle-free investment, which provides regular and stable returns from their savings. We've designed the product for those who are seeking to avoid volatility, and negate the risk of inflation".
He added: "In the longer term, we expect this bond to be a considerable success, and a welcome addition to the market. The reception we've had on the bond thus far has been excellent, and we look forward to providing this to a wide variety investors in the future."
The proceeds of the Centaur Claims Bond are advanced to UK-based claims management companies via secured lending facilities which are then utilised to finance the claims purchase and processing. The structure is similar to the structure Centaur has used to finance claims management companies via its investment fund since 2012.
All Centaur Investments branded products are structured and managed by Centaur Asset Management Ltd. Centaur Asset Management Ltd serves as the Investment Advisor to the Issuer of the bond and is responsible for negotiating and putting in place security on each investment or finance facility made with the proceeds of the bond in accordance with the requirements in the Offering Memorandum filed by the Issuer with the Bermuda Stock Exchange (BSX) regulated by the Bermuda Monetary Authority (BMA).
Centaur Asset Management
Centaur Asset Management is a subsidiary of Centaur Holdings Ltd, a global investment company with interests, subsidiaries, portfolio companies and investments ranging from asset management, wealth management, private equity, venture capital, trade finance, mining and natural resources and agricultural investment. Centaur has over 35 portfolio companies and subsidiaries operating across 11 countries and a proven track record which is recognised by independent bodies. Centaur has won over 23 awards for multiple categories and sectors including for best in class investment products and transactions.
For further information, please contact:
+44 (0) 20 7862 6399
© Press Release 2016