Reflecting the ability of the majority of the market to absorb initial mark-to-market losses from hurricane Milton within just a number of weeks, the broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, delivered a positive 0.81% return for the month of October 2024.Every ILS fund tracked by the Index delivered … Read more
Kaiser Permanente is among the founding contributors to the Rose Community Foundation’s new Colorado Safe Futures Fund. The Colorado Safe Futures Fund will support public health approaches to reducing firearm-related harm across the state. Kaiser Permanente contributed $95,000 to the initial launch. Firearm-related harm includes issues like suicide and community violence, and its impacts are … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations. The company’s results easily beat analysts’ … Read more
Jordan Strah has taken on the position of Portfolio Manager for the catastrophe bond funds and other insurance-linked securities (ILS) strategies at Franklin Templeton Investment Solutions.Strah joined K2 Advisors, the hedge fund focused unit of Franklin Templeton, back in 2022 working as a Research Analyst and Portfolio Manager within the team that looked after the … Read more
Paul Tudor Jones made some waves last week on a CNBC interview: He’s worried government spending and deficit levels are going to lead to a crisis: “The question is after this election will we have a Minsky moment here in the United States and U.S. debt markets?” Jones said, referring to shorthand for a dramatic … Read more
