Pioneer CAT Bond Fund

Asset manager Amundi US continued to grow its more recently launched Pioneer Cat Bond Fund strategy in the last quarter of record, with catastrophe bonds seemingly remaining the easiest strategy to raise money for, as its more reinsurance focused Pioneer ILS Interval Fund shrank a little further, albeit at a much slower rate than before.

Reflecting investor sentiment and where capital is flowing to in the insurance-linked securities (ILS) market, asset manager Amundi US has been growing its new Pioneer Cat Bond Fund strategy, but the manager’s Pioneer ILS Interval Fund has continued to shrink.

Amundi Asset Management US, Inc. (Amundi US) aims to develop its newly launched Pioneer CAT Bond Fund into a strategy that can deliver double-digit returns in the current catastrophe bond market environment, while charging its investors a lower level in fees, Artemis has learned.

Amundi Asset Management US, Inc. (Amundi US) is in the process of marketing and launching its first pure catastrophe bond mutual fund strategy, which is another signal of just how attractive the cat bond investment market is right now.