Hints and tips:
...“The optimal assets to transition to an insurer is fixed income,” said Mike Eakins, chief investment officer at Phoenix....
...This would allow insurers to more easily swap out bonds for economically productive investments, such as infrastructure....
...A year ago the UK government made its first £828mn payment to the Bank of England to compensate for losses on its QE bond portfolio....
...Bond yields have “come down enough from their peak that we see demand [from companies and households] for credit going forward”....
...In London, Richard Green gallery has merged its two New Bond Street galleries into one space — its larger, five-storey headquarters at 147 — having “accepted a favourable offer from a fashion house” to lease...
...Lyons, chair of FTSE 100 pensions group Phoenix, was instrumental in driving talks over the past year that led to the Mansion House compact....
...Shares of Western Alliance Bancorp, a Phoenix-based regional bank that like the former SVB caters to cash-challenged start-ups, have fallen 20 per cent since bond yields began their renewed rise in late...
...Phoenix Group endured a difficult autumn as traders took aim at any company with even a tangential connection to servicing or originating swaps for the liability-driven investment (LDI) industry....
...Morgan EM Local Government Bond UCITS ETF, ticker SEML)....
...Here are some examples of how tour companies are adapting....
...A trailing dividend yield of 8 per cent for L&G is in line with peers Aviva and Phoenix. Investors worry about asset quality in bond and real estate portfolios....
...The Phoenix Group has named Lloyd’s of London chief investment officer Eleanor Bucks as a member of its board, effective December 1....
...Mike Eakins, chief investment officer of Phoenix Group, the insurance company, said it is aiming to invest up to £40bn in sustainable assets, adding that a green covered bond market would help them access...
...guarantee and indemnity agreement (the “Guarantee” . . ....
...In an internal presentation codenamed “Project Phoenix”, SVB executives debated selling up to $20bn worth of bonds at a $2bn loss, while warning that there was “no silver bullet” to solve the increasingly...
...Phoenix Group has bought a minority stake in London venture capital firm Hambro Perks as the UK’s largest savings and retirement business seeks to increase access to fast-growing private companies for its...
...That fund would buy American companies with the potential to expand in China....
...How much central banks might lose on their engorged bond portfolios as interest rates rise and whether these losses even matter has been a subject of interest at FTAV Towers for a while....
...An oversupply of apartments in, say, Phoenix might some day balance out a shortfall in Los Angeles, but only after years of migration. Nor are rents particularly cheap....
...But in 2006 he received what was then a record individual fine of £750,000 from the UK watchdog for trading on confidential information from Goldman Sachs about a 2003 convertible bond sale, although the...
...“I’ve never met the finance director of a company in any sector that has a large defined benefit pension scheme attached to their core business that is pleased to have it,” says Phoenix chief executive Andy...
...It’s most pressing if your pension is with Aviva, Scottish Widows, L&G, Aegon, Phoenix, Nest, Smart Pension, M&G or Mercer....
...is shifted to insurers such as Legal & General and Phoenix Group....
...The company has £700mn of surplus capital and has committed to a dividend of 14.6p. Abrdn’s stakes include a holding in Indian insurer HDFC and Phoenix Group....
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