May 5, 2015
The new fixed-income haven is, of all things, the market for junk bonds. With government securities in Germany to Japan and Ireland yielding less than nothing, money is pouring into exchange- traded funds that buy speculative-grade debt, traditionally the riskiest …
December 16, 2014
Zurich Insurance Group AG, Switzerland’s largest insurer, is about to make its first investments in European direct lending, including infrastructure debt. The insurer wants to lend to small to medium-sized European companies and commercial real estate owners to finance infrastructure …
September 10, 2014
Wall Street banks, including Goldman Sachs Group Inc. and Citigroup Inc., are rushing to issue U.S. dollar bonds in Taiwan after a rule change unlocked $586 billion of funds held by the island’s insurance companies. Goldman sold $974 million of …