Hedge Fund Fermat Pushes Back Against EU Plan to Limit Retail Investors’ Access to Catastrophe Bonds
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front.
By Gautam Naik · Bloomberg Markets
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front.