Amundi US Investment Management has reported that its Pioneer CAT Bond Fund strategy delivered a 14.27% return in the year to October 31st 2024, while assets under management in the strategy have continued to expand through the end of the year.
Back in late November, we had reported that Amundi US’ most recently launched dedicated insurance-linked securities (ILS) fund strategy, the Pioneer CAT Bond Fund, had surpassed $500 million in assets under management at that time.
We’re now aware that AUM growth has continued for the manager, with additional funds added to this cat bond strategy by the end of 2024.
FULL ORIGINAL PUBLICATION HERE