Investment Officers
China’s Fosun Group Turns to Local M&A; $3B in New Bonds Reportedly Planned
Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments ...
Catastrophe Bond Managers Plan New Launches as They Put Hurricanes Behind Them
Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year's hurricanes and wildfires. But a year that is shaping up to be the ...
Berkshire Hathaway’s Stock Hits $300,000 for the First Time
Berkshire Hathaway Inc's stock price touched $300,000 for the first time on Monday, reflecting investors' confidence in Warren Buffett's conglomerate despite four straight quarters of lower operating ...
Faced With Brexit, European Banks Trim Exposure to UK Assets
European banks pared their exposure to Britain in the aftermath of its vote to quit the European Union, slashing their U.K. assets by $425 billion in the span of a year. The decline was driven by a ...
Zurich Will Earmark $5B for Impact Investments
Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years. ...
Insurers Are Increasing Their Investment Risks, EU Regulator Survey Shows
Insurance companies in search of yield have increased their exposure to bonds with lower credit ratings and to less liquid securities like non-listed equities and loans, according to a survey by ...
Activist Shareholders More Likely to Target Women CEOs Than Men
Women CEOs are much more likely than their male counterparts to be targeted by activist shareholders, according to research conducted by a team that included two University of Alabama business ...
Q3 Catastrophes Haven’t Turned Investors Away From ILS Market: Willis Towers Watson
ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, ...