City National Rochdale positive on demand after 6.4% ILW fund growth in 2020
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City National Rochdale positive on demand after 6.4% ILW fund growth in 2020

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City National Rochdale reported that its $154mn Select Strategies Fund, an ILW feeder fund, made a net return of 6.42% for the year to 31 January.

This outperformed the 5.2% gain on the Swiss Re Cat Bond Index over the same 12-month period.

The firm said that returns were stable on the January 2019 to 2020 year – when it made 6.34%

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