Gareth Abley
Co-Head of Alternative Strategies
MLC Investments
Gareth is Co-Head of Alternative Strategies for MLC. His team are focused on identifying investments that deliver attractive risk-adjusted returns and are uncorrelated to mainstream asset classes. The team manages ~$7bn in total across two portfolios.
The team manages the ~$3.8bn MLC Opportunistic Capital Solutions portfolio that allocates predominantly to various fund and co-investments in niche, esoteric, private credit. This strategy has delivered a return of cash+10% with a zero beta to equities since inception in October 2018.
The team also manage ~$3.0bn in natural catastrophe reinsurance (ILS) focused strategies, including the Reinsurance Investment Fund, which is available to external (non-MLC) investors. This has delivered positive returns in each of the last 18 years and a zero beta to equities – outperforming the With Intelligence ILS Advisers Index by a cumulative 134% to June 2025.
SESSIONS
1:05
Lessons Learned on Building a Resilient ILS Portfolio
Learn how a diversified ILS strategy has consistently delivered attractive returns independent of global economic cycles over a long period
Discover how a multi-manager approach, balancing public cat bonds with private reinsurance, optimises your portfolio's risk and reward profile
Gareth Abley, Co-Head of Alternative Strategies, MLC Investments