Catastrophe bond funds in the UCITS format had reached an average return year-to-date of 6.35% by August 2nd 2024, which is the second-highest annual return since the Plenum CAT Bond UCITS Fund Indices started tracking the market in 2011.
The year-to-date return of this group of catastrophe bonds is only second to the full-year 2023 record, with the next highest annual return being 6.28% back in 2013.
It shows the attractive returns that investors in the catastrophe bond asset class are currently experiencing and returns accelerated in the last month.
From July 5th through August 2nd, the average return of the Plenum CAT Bond UCITS Fund Indices was an impressive 1.38%.
FULL ORIGINAL PUBLICATION HERE