Catastrophe bond funds were a bright spot in the alternative UCITS investment fund space in 2023, as cat bond funds expanded strongly at a time when the wider UCITS segment experienced approximately $38 billion in outflows, according to Kepler Absolute Hedge.
As we reported back in January, our tracker of UCITS catastrophe bond fund assets under management displays a year with very strong asset growth for these insurance-linked securities (ILS) strategies.
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