Reported 8 months ago
Catastrophe bonds, traditionally favored by sophisticated investors, are now attracting retail investors through UCITS funds in Europe. Managed by hedge funds, these high-risk bonds have become more accessible to a wider audience, with assets under management hitting a record $12 billion. As the market grows, regulators are monitoring the implications of including risky securities like cat bonds in UCITS. Despite concerns, asset managers highlight the resilience and attractiveness of these bonds, with significant interest from various investor groups.
Source: YAHOO