A hedge fund that last year delivered its best result ever thanks to catastrophe bonds is now scaling back its position, based on a bet that the market is
Hedge Fund That Rode Cat Bond Rally Mounts Tactical Retreat bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Managers who went all out on the best hedge fund bet of 2023 are starting to recalibrate their portfolios, amid signs that the so-called catastrophe bonds underpinning the strategy are headed for a rough patch.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Shipments of US WheatNY Says
Risk Models Behind World's Best Hedge Fund Strategy Are Getting a Lot Harder to Crack bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionBurger King Is Serving Whoppers With a Side of CringeChina’s $6.3 Trillion Stock Selloff Is Getting Uglier by the DayMusk’s AI Startup Secures $500 Million Toward $1 Billion Funding GoalUAE Warns US Time Running Out to Avoid Wider Mideast CrisisThe calculus around natural