Hints and tips:
...Much of this year’s cascade into money market funds in the US has been driven by retail investors rather than corporate treasurers, mutual funds and insurance companies....
...Groups including Apollo, Blackstone, Carlyle and KKR have flooded into insurance since the global financial crisis. How to curb basis trade risk?...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The company said there was “mutual benefit” to both parties because “the pharmaceutical company builds reputation and strengthens relationships with their customer [the NHS]”....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Mr Woolfe moved to OMGI, the £39.8bn asset management arm of Old Mutual, the UK-listed insurer, from Newton IM....
...estate and hotels, as well as insurance and financial services”....
...But he added that Florida specialists such as Federated National and Universal Insurance Holdings were facing hefty payouts....
...For this, Charles Dickens, the creator of a famous fictional legal battle — Jarndyce v Jarndyce — might be responsible....
...There is, for instance, no such provision for commercial banking or primary insurance. Some argue these gaps would need to be filled for the mechanism to be a credible option for the UK....
...● Massachusetts Mutual Life Insurance Company has appointed Gary Smith as head of sovereign wealth funds and official institutions....
...The mandatory savings are supplemented with tax-advantaged voluntary schemes known as Ahorro Previsional Voluntario, or APV accounts, in which assets are invested in private sector mutual funds or insurance...
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...Although their legacy is disputed, and many early contracts were poorly constructed, Mr Stevens’ record won him a post at UnitedHealth Group, a medical insurance company with a dominant presence across the...
...(WSJ) “IMS Health Inc has hired JPMorgan Chase & Co Inc to lead a proposed initial public offering that could value the private equity-owned healthcare information company at close to $10 billion, according...
...Its healthcare investments, including IMS Health and Surgical Centers of America, have also performed well....
...Credit to small businesses is currently rationed as tightly as lamb chops after V-J Day. But Shawbrook boasts it will double commercial lending in 2013, albeit from a low base....
...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...
...mutual funds....
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