Having continued to expand their assets under management in recent months, UCITS catastrophe bond funds as a group have now grown their share of the overall cat bond market to a new high, at 27% of risk capital supplied.
As we reported recently, by the end of the third-quarter of 2024 the cohort of catastrophe bond funds in the UCITS format had grown their combined assets under management to more than $13 billion for the first time ever.
The UCITS cat bond funds added $840 million to their combined AUM over the three months to September 30th this year.
Driving the continued growth of the UCITS cat bond market, has been successful capital raising by cat bond fund managers, as well as the accumulation of coupon earnings which have also helped to bulk out the market.
FULL ORIGINAL PUBLICATION HERE
