NEW YORK: Wall Street banks are jostling for business from Australia’s pension funds as the world’s fastest-growing pool of retirement savings looks to hedge its chunky overseas investments.
Goldman, BofA Target Australian Pensions for Hedging Business bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Wall Street banks are jostling for business from Australia’s pension funds as the world’s fastest-growing pool of retirement savings looks to hedge its chunky overseas investments. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomB
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) - Japan's gargantuan life insurers appear capable of weathering paper losses in domestic bond holdi.
Japan s gargantuan life insurers appear capable of weathering paper losses in domestic bond holdings triggered by this week s surprise tweak to yield limits and will likely boost the rising yen even