Schroders, Krungthai AM launch catastrophe bond funds for ultra-rich
The funds are designed to provide Thai ultra-high net worth clients with their first dedicated access to the niche world of insurance-linked securities, an asset class known for its resilience during economic downturns due to its low correlation with traditional stocks and bonds.
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Schroders and Krungthai Asset Management announced the launch of KTAM Catastrophe Bond Fund and KTAM Catastrophe Bond Fund Unhedged in Thailand, providing Thai ultra-high net worth clients with access to insurance-linked securities (ILS), according to the announcement on Monday.
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