Schroders Capital secures $70mn for Caymans-based cat-bond fund Coda
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Schroders Capital secures $70mn for Caymans-based cat-bond fund Coda

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Schroders Capital has launched the Schroders Capital Coda Fund, a cat-bond fund open to US investors with backing from two clients totalling $70mn.

The fund is domiciled in the Cayman Islands and will invest primarily in public ILS instruments with a focus on global natural catastrophe risks.

Daniel

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