Cat bond funds gain through July, but pace slows in 34-week rally
Pure-play cat bond investment funds ploughed through another month of market advances in July, extending their secondary market streak to 34 uninterrupted weeks of gains, although the pace of gains has been clipped.
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24 October 2023 Cat bond capital efficiency may prove better than other risk transfer tools if only structuring costs need to be covered, says Plenum’s Schmelzer.