RIAs Look to Catastrophe Bonds for Returns and Diversification
Institutional Investor
Registered investment advisers are the latest converts to the asset class.
Floods in China Kill Almost 130, Wipe Out Crops
Reuters
Weather forecasts predicted more downpours during what is traditionally China’s flood season.
Clean Water Fund Draws Investors
FT (sub may be required)
BAE Systems and the Swedish national pension fund AP1 invest in new clean water fund.
Blas Becomes First Hurricane of Season in East Pacific
Honolulu Star Advertiser
Blas is expected to continue to intensify and may become a major, category 3 storm on Tuesday.
New Research: Climate May Be More Sensitive and Situation More Dire
Guardian
When comparing apples to apples, a new study finds energy budget climate sensitivity estimates consistent with climate models.
Standard Life Fund Halts Withdrawals After ‘Brexit’ Vote
New York Times
The decree from the asset management unit of the large British insurance company was a response to panicked investors looking to pull their assets following the Brexit vote.
