Stone Ridge mutual cat bond and ILS fund assets surpassed $5bn at October 31 – Go Health Pro

Stone Ridge mutual cat bond and ILS fund assets surpassed bn at October 31 – Go Health Pro

Stone Ridge Asset Management, the New York based alternative risk premia focused investment manager, grew the catastrophe bond and insurance-linked securities (ILS) assets under management in its range of mutual reinsurance fund strategies to more than $5 billion in the last quarter of record.When we last reported on the investment managers 40’s Act compatible mutual … Read more

General Motors takes $5bn charge against China businesses – Go Health Pro

General Motors takes bn charge against China businesses – Go Health Pro

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. General Motors has taken a $5bn charge against its businesses in China, laying bare the slowdown in what was once the US carmaker’s largest market. On Wednesday, GM said that there was a “material loss … Read more

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