With most catastrophe bond funds generating low-teens annualised returns over the last 24 months it is evident that the asset class has been in a ‘sweet spot’. The next question is: what are the forward-looking return prospects for the asset class? We believe that the setup remains compelling, as a confluence of supply, demand, and structural dynamics continue to positively support the return profile of cat bonds.

With many equity indices at or near record levels and growing uncertainty in the world, many investors may find a hedged equity approach increasingly appealing. We break down the current trends in performance, flows and opportunity set for equity long short and market neutral managers in our latest report.

We are witnessing a significant democratisation of access to Private Market strategies aimed at the broad wholesale/retail channel. ‘Semi-liquid’ has sprung up as a term to describe these new breed of funds, which begs the question what exactly does ‘semi-liquid’ mean, and how should allocators think about liquidity more broadly when accessing Private Market strategies.