ORIGINAL PUBLICATION HERE
In the quarter of record ending April 30th 2018, the Pioneer ILS Interval Fund, a U.S. mutual insurance-linked securities and reinsurance linked investment fund managed by Amundi Pioneer Investment Management, increased its assets under management by 20% to reach $810 million.
Three months earlier, at the end of January 2018, the Pioneer ILS Interval fund had reached $676.4 million of assets, after a period of rapid growth that lifted it 88% from just over $359 million at the end of October 2017.
That rate of growth had to slow down, especially as all of that growth had been in the wake of the 2017 catastrophe losses and in preparation for January reinsurance renewal transactions, but still the 20% increase in assets to just over $810 million over the February to April period is impressive and reflects the strong demand that mutual ILS funds have been experiencing.