Jan 3 (Reuters) – King Dollar’s reign is (definitely) coming to an end, bonds rebound and emerging markets rise again are just some of the deals international fund managers are betting on in 2023. Skyrocketing inflation and the global thump of nearly 300 central bank interest rate hikes in the past 12 months put a …
Gloom and boom: fund managers’ top picks for 2023 Read More »
Dec 19 (Reuters) – Insurers are denying or limiting coverage for customers exposed to bankrupt crypto exchange FTX, leaving traders and digital currency exchanges uninsured against losses from hacking, theft or lawsuits, said several market participants. Insurers were already reluctant to underwrite asset and directors and officers (D&O) protection policies for crypto companies due to …
Insurers Avoid FTX-Linked Crypto Firms As Contagion Risk Rises Read More »
LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …
Currency swap debt is an $80 trillion global regulator, says ‘blind spot’ Read More »
