Assets & Investments
Giant Insurer, Home for Struggling Women End Bitter Battle Over Property
An insurance company has bought out a nonprofit home for struggling women in Cincinnati in a deal announced this week, ending a bitter two-year court battle over the historic property in a ...
Berkshire Profit Rises 51%, Shares Hit Record High
Warren Buffett's Berkshire Hathaway Inc. on Friday said quarterly profit rose nearly 51 percent on a solid performance in insurance and by many of its other businesses, as well as gains from ...
Hand-Picked Berkshire Bear Ready to ‘Spice Things Up’ for Buffett This Weekend
Hedge fund trader Doug Kass had his first brush with fame at the age of 10, when he appeared on a U.S. television quiz show, Tic-Tac-Dough, and won every day for a week. More than five decades later, ...U.S. SEC Looks To Ease Rules For Launching ETFs
The U.S. Securities and Exchange Commission may revive a proposal that would make it easier and cheaper to launch certain kinds of exchange-traded funds, according to interviews with SEC staff. Amid ...
Moody’s Still Sees Negative Outlook For Most U.S. State, Local Governments
Moody's Investors Service said on Tuesday that most U.S. public finance sectors, such as state and local governments, still face a negative outlook and will likely continue to do so until fiscal and ...
Minding The Gap: Investment Risk Management In A Low-Yield Environment
A significant component of managing a property/casualty insurance company's investment portfolio is gap management—ensuring that asset cash flows and returns always exceed claims and expenses by a ...
Pension Funds Chasing Yields Eye Catastrophe Bonds
Pension funds are turning to specialist bonds that bet on the likelihood of a natural disaster, in a search for yield and returns that are not correlated to the rest of the market. What was once ...
Global Crowdfunding Volumes Up 81% In 2012; More Than Half From U.S. Websites
Crowdfunding websites helped companies and individuals worldwide raise $2.7 billion from members of the public in 2012, an 81 percent increase on the previous year, data showed on Monday. As banks ...