A strong performance and recovery in June as catastrophe bond spreads largely came back into line has helped the first-half 2024 average return of UCITS catastrophe bond funds reach 4.72%, according to the Plenum CAT Bond UCITS Fund Indices.As we reported after May, the catastrophe bond spread widening that was seen had dented returns for
Intech WEST PALM BEACH, Fla., June 12, 2024 (GLOBE NEWSWIRE) — Intech Investment Management, LLC (“Intech”), a global, quantitative asset manager, today announces the introduction of the Intech Global Defensive Equity Fund on the Carne Group’s platform. Debuting on June 11, 2024, the new fund counts Pensjonsordningen for Apotekvirksomhet (Pharmacy Operations Pension Scheme, or PfA)
By Nell Mackenzie and Iain Withers LONDON (Reuters) – Retail investors are pulling out of Europe’s hedge fund industry, with assets under management shrinking to an eight-year low according to data released on Monday, as higher interest rates and lagging performance send smaller investors elsewhere. Assets in alternative ‘UCITS’ funds in Europe shrank 3% to