Ex-Pimco executive plans Europe's first catastrophe-bond ETF

October 29, 2025--King Ridge Capital Advisors is already managing the world's first-ever cat-bond ETF for Brookmont Capital Management.
Europe may soon get its first exchange-traded fund based on catastrophe bonds.
An application to register the ETF was filed in Ireland, according to Rick Pagnani, co-founder and CEO of King Ridge Capital Advisors.

"This is an opportune time to pursue a European ETF," Pagnani, who until last year was running the insurance-linked securities desk at Pacific Investment Management, told Bloomberg on Monday.

King Ridge is already managing the world's first-ever cat-bond ETF for Brookmont Capital Management. The fund, which is listed in the U.S., has so far struggled to win over investors and failed to attract a lead market maker when it went public in April.

Ex-Pimco executive plans Europe's first catastrophe-bond ETF

Valour Inc. Launches Sky (SKY) ETP on Spotlight Stock Market, Reaching 100 Listed ETPs

October 22, 2025-100th ETP listed: Valour Sky (SKY) SEK ETP (ISIN CH1108681516) is now live on Sweden's Spotlight Stock Market, marking Valour's one hundredth exchange-traded product across Europe.
What SKY is: SKY is the governance token of the Sky ecosystem, successor to MakerDAO, used to vote on parameters and roadmap decisions for its stablecoin and collateralized lending infrastructure