GAM to launch Catastrophe Bond fund
GAM has introduced a Catastrophe Bond fund to its range. Through the issuance of cat bonds insurers can achieve multi-year protection against catastrophes like earthquakes and hurricanes and investors can earn attractive returns through the purchase of such bonds.
The group is collaborating with insurance risk and catastrophe bond specialists Fermat Capital Management on the GAM FCM Catastrophe Bond fund, which the group says will be uncorrelated to traditional...
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