Demonstrating the strong performance of catastrophe bond investments in 2023, Tenax Capital, the London based hedge fund investment manager that operates a UCITS cat bond strategy, is reporting a 17.9% net return in EUR for its fund for 2023.
Tenax Capital explains that this represents “a record performance in a record year,” for the firm and the cat bond asset class.
It’s important to note that Tenax Capital is reporting the EUR hedged class, accumulation, of its UCITS cat bond fund here.
The investment manager states that, “With a net total return of 17.9%, Tenax ranks as the top performer ILS manager in the UCITS universe for the full year 2023.”
FULL ORIGINAL PUBLICATION HERE
