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...That includes pension funds, asset managers, clearing houses and insurance companies....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...(The Guardian) Cordelia — This profile of Andrew Wylie, the literary agent known as “the jackal”, by Alex Blasdel for the Guardian Long Read, is the one every reader needed and every editor wished they...
...Unhedged: You have spoken in the past about big banks as guardians of national prosperity....
...Data compiled by NAIC shows CLO holdings of insurers have surged to more than $200bn, though that figure represents only about 3 per cent of the aggregate investment portfolio of the companies in the insurance...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“My whole life felt like some version of performing....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...In fact, these days pension funds and insurance companies barely figure on UK shareholder registries, respectively holding only 1.8 per cent and 2.5 per cent of the London market as of the end of 2020....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...of office life in the Swamp Notes newsletter....
...Investors will eventually be able to redeem from Sequoia Fund’s public stock holdings twice a year, making it more akin to a hedge fund than Athene, Apollo Global Management’s life insurance affiliate....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...Greetings from Colorado, where the Aspen Institute took a bold leap into post-pandemic existence this week by staging part of its annual Ideas Festival “IRL” — In Real Life....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...There’s overwhelming opposition from industry bodies, asset managers and public companies. Few are buying the SEC’s claim that it will make life less complicated for smaller hedge funds....
...The WHO is planning a vaccine insurance scheme for poorer countries....
...He returns to the firm after having left at the end of 2017 to become general counsel at The Guardian Life Insurance Company....
...discount of 23%), despite some life companies resembling asset managers....
...of voter misgivings in the state about the self-declared democratic socialist’s “Medicare for All” policy, which would effectively eliminate private health insurance in America....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
...(Guardian, Bloomberg) What else we’re reading Keeping the lights on Across Europe and North America, as governments promise billions and mobilise armies and medical systems at risk of being overwhelmed...
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