Hints and tips:
...Starr, together with Swiss asset manager Partners Group, acquired the insurance claims processor in 2014 for $4.4bn, including debt, but only used $1.4bn in equity, report James Fontanella-Khan and Sujeet...
...Algos v quants A rising fund manager star at T Rowe Price predicts that computers will become increasingly important in asset management, supplanting the industry’s traditional backbone of human stock pickers...
...In addition to the pork and steel sales, Cargill has largely exited its hedge fund business and sold a US crop insurance agency....
...In addition to the pork and steel sales, it sold a US crop insurance agency and has largely exited its hedge fund business....
...(Financial Times) In response to regulation, Goldman ditching less profitable clients and changing rules for hedge funds (WSJ) Argentina v holdouts: plus ça change (Financial Times) Espírito Santo: the...
...Five major banks have said they will stump up tens of millions of dollars to fund the new venue on Tradeweb, a company owned by Thomson Reuters and a consortium of banks, according to people familiar with...
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...Although many of the big cocoa processors, traders and confectionery companies do their own pod counting, Mr Kilian has been the most closely watched independent analyst for the past two decades....
...Karl-Martin im Brahm, a member of DWPBank’s board, said German insurance companies could find Fatca compliance even more difficult than banks, according to DWPBank....
...in cocoa, wheat, corn and oilseeds....
...Takeover activity this week was led by the $35.5bn bid for AIG’s Asian life insurance business by the UK’s Prudential that would create Asia’s largest international insurer....
...Love, an insurance executive who has also hired A.I.G. talent for his company, Investors Guaranty Fund of Pembroke, Bermuda....
...He joined the board of AIG, the troubled insurance giant, in June and is also a director of United Airlines, another US business in difficulty, and Symantec, a maker of security software....
...The FDIC estimates that the cost to its Deposit Insurance Fund will be $4.9 billion....
...DTCC is also a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks But things did not quite go to plan over the US Columbus Day holiday...
...In the US, two groups are vying to set up a CCP for credit default swaps: CME Group, the futures exchange, and Citadel, a Chicago-based hedge fund; and a second group made up of The Clearing Corporation...
...AIG came under pressure from regulators worried about the effects of a failure on the thousands of banks and pension funds that had become intertwined with the company....
...Archer Daniels Midland, the grain processor, said fourth-quarter profit dipped 61 per cent missing analyst estimates. The shares fell 5.6 per cent to $25.87....
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...Eric Kolts, vice-president of commodity indices at Standard and Poor’s in New York, said that assets invested in commodities indices by institutional investors such as pension funds and insurance companies...
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