Sick and tired of the three per cents

High yield

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Unlike the Eurobond market, which can accurately pinpoint its inauguration to the summer of 1963, there is no universally accepted date on which the high-yield market came into being. As far back as the Victorian era, British investors – described by satirical magazine Punch in 1845 as being “sick and tired of the three per cents” offered by government bonds – were losing a fortune in their pursuit of enhanced yields in the farthest-flung corners of the Empire and beyond.

When it comes to

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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