Insights

Cat Bonds: Profiting from Tranquility

In the last six or seven years, a growing number of esoteric hedge fund strategies have made their way into mutual funds available to mom and pop investors like us. I’ve fussed around with a lot of these products in my own account in an effort to learn more about them and, don’t worry, you haven’t missed anything. One of the newer offerings buys ‘catastrophe bonds,’ or cat bonds, and… Read More