Elementum launches Njord cat bond fund with US peril focus
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Elementum launches Njord cat bond fund with US peril focus

The aim is to capitalise on cat bond market’s robust growth and US peril concentration.

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Elementum Advisors has launched a higher-yield cat bond fund, the Elementum Njord Cat Bond Fund, focusing on US wind exposure “relatively in line with the overall cat bond market”.

Specifically

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