Hints and tips:
Related Special Reports
...“There’s a huge, huge population in America that loves the mutual fund for its simplicity,” says Carol Geremia, president of MFS, Leffler’s old company....
...More than half of all American households and 116mn of the country’s 333mn residents hold shares in at least one mutual fund. “The mutual fund has democratised investment....
...By early April, however, none of Gatik’s ships held insurance from any of the recognised large mutual providers....
...Deep dive One hundred years ago today, Edward Leffler, a former door-to-door salesman of pots and pans, invented the open-ended mutual fund, giving working and middle-class people an ownership stake in...
...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...The insurance sector is expecting a hefty bill....
...Senior insurance industry figures said the sector had pushed to ease trading between the two countries’ specialist insurance markets, where big assets such as planes and pipelines are insured by a range...
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Insurance certificates for two US coal mines list Zurich-based reinsurance leader Swiss Re and US insurer Liberty Mutual as providing insurance cover for the operators of projects in Wyoming and Montana...
...the traditional way of selling ETFs, through banks or insurance companies....
...JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector to emerge even more dominant....
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
...But if business finds COPs hard going, the feeling can be mutual....
...Multi-asset investors are among clients that favour ETF classes “due to their transparency, low cost and liquidity”, while some providers of unit-linked insurance products “do not have a broker set-up enabling...
...high, and that it amounts to a federal subsidy for banking companies....
...Senior executives at a state-owned insurance company have also been told to not wear expensive clothes to work, said another person with knowledge of the matter China’s richest 0.001 per cent own a greater...
...The First Republic deal, and one in 2008 when JPMorgan purchased the assets of Washington Mutual, fall under an exception for deals involving failed banks....
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...points on Wednesday, spurred by buying from foreign pension and insurance funds....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...However, the Federal Deposit Insurance Corporation estimated that losses to its insurance fund would be about $13bn....
...If San Francisco-based First Republic is taken over by the FDIC, it would rank among the biggest bank failures in US history, alongside Washington Mutual in 2008 and SVB....
...The only bigger bank failure in US history was the collapse of Washington Mutual in 2008....
...FT film 🎬: Gautam Adani saw more than $100bn wiped from his listed companies’ valuation after a short seller took aim at his empire....
International Edition