An unrelenting cat bond rally ran uninterrupted via February, pushing a market index of pure-play cat bond fund efficiency up one other 1.15% for the month.
Pure-play cat bond funding funds have now risen each week for the 65 weeks since lows posted within the wake of hurricane Ian, a weekly index of bond fund pricing compiled by Plenum Investments reveals.
The 21.6% cumulative post-Ian achieve for the USD-denominated measure places it 13.6% above pre-Ian ranges as cat bonds distance all different ILS automobiles for investor favour.
Euro- and Swiss franc-denominated indexes have continued to lag the good points of the greenback measure to this point in 2024, as they did all through 2023.
The array of complete return efficiency indexes, revealed weekly by Plenum Investments, are constructed on dealer quotes for a bunch of 15 pure-play cat bond UCITS funding funds. Sub-indexes divvy up outcomes by foreign money unit class and a classification of threat profile topic to semi-annual evaluate.
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