Hints and tips:
...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....
..., the Berkshire vice-chair who runs its valuable insurance operations....
...route for companies to become public....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...About $105bn worth were sold last year, down from $158bn five years earlier, according to the financial services trade association LIMRA....
...Ex-Barclays chief Bob Diamond’s private equity group has signed its biggest ever deal, buying a $100bn book of US life insurance business....
...Those successes have emboldened regulators on both sides of the Atlantic....
...They derived a competitive edge from their reputation for integrity and mutual trust....
...Yet, with the battle for alpha, (outperformance through skill-based investing) a zero sum game, the extra gains of hedge funds must be matched by resulting losses of pension funds, insurance funds, mutual...
...It is no accident that all investment banks were once structured as partnerships, and mutuals once dominated insurance....
...After all, it was not the traditional insurance business that sunk AIG, but its derivatives offshoot brought down what had been a decent insurance company....
...Brussels could be setting the stage for a new wave of consolidation in the European financial services industry....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...In 2004, Fortune named him a member of its eight-person ‘Mutual Fund Dream Team’....
...Blankfein, Chairman and Chief Executive Officer, The Goldman Sachs Group, Inc....
...In Stoneridge Investment Partners v Scientific Atlanta , the court is considering whether investors can recover from firms – including accountants, lawyers and bankers – that help a public company commit...
...If there was distrust, it was mutual, and Ashcroft sought and found greener business pastures across the Atlantic....
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