Lynn Strongin Dodds
The practice of managed defaults – in which otherwise solvent companies deliberately default on their debt – has prompted moves towards tighter regulation
Valuation has always been an important, albeit thorny, component in assessing insurance-linked securities (ILS) but the higher-than-expected losses in 2017 and 2018 made the number crunching even trickier. The recently published set of guidelines from the Standard Board of Alternative Investments (SBAI) is designed to improve the process but investors should always be aware of the risks attached to this asset class.
ETFs may represent a tiny speck on the overall investment landscape but they are one of the fastest-growing products in the investment industry