Tropical storm Edouard, the fifth named storm of the 2020 hurricane season, formed in the North Atlantic over the weekend. The storm is currently situated northeast of Bermuda and is expected to continue to track further into the North Atlantic Ocean away from the US mainland. This event is not expected to have any impact on portfolios managed by Twelve Capital.
There are currently no other active relevant storm systems.
As always, Twelve Capital continues to closely monitor any catastrophe events and will issue specific updates on any relevant new major events which occur.
Monday, 6 July 2020