Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of another global pandemic, a move expected to attract interest from dozens of other countries savaged by the COVID-19 crisis. The …
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer’s chief investment officer. “If you’re looking for a …
Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland now runs Pemberton Asset Management in London’s genteel Belgravia, several miles from the “Square …
Storebrand ASA, Norway’s largest listed insurance company based on assets under management, is buying mortgage bonds and real estate to escape negative rates. “Mortgage and corporate loans, where we are familiar with the credit quality, are exciting,” Chief Executive Officer …
