Catastrophe Bond Investors Aren't Just Chasing Yield
Parametric and modeled loss triggers outweigh interest rates for catastrophe bond investors, according to a new academic study.
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Pershing Files for $10B IPO as Vantage Deal Puts Insurance at Center of Ackman's Strategy
Pershing Square's IPO filing confirms the $2.1 billion Vantage acquisition and reveals insurance companies as anchor investors — while flagging the deal as a distraction risk to the fund itself.
