AIFAM to boost Catastrophe Bond Fund with Japan pension money

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JAPAN/US - New York-based hedge fund AIFAM aims to boost the assets in its catastrophe bond fund by five times to $150m over the next year with Japanese pension money.

The $34m fund has returned about 10% this year through October, bringing its gains since inception in June 2006 to 47.4% including interest payments, said Takuma Aoyama, chief investment officer of...

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