GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.

Issuers will have to disclose ‘material cybersecurity incidents’ within 4 business days.

Insurers that have historically stuck to fixed income investments are adjusting their risk tolerance levels to take advantage of other opportunities.

More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.

The Scottish investment giant will transfer $4 billion in AUM and 30 employees to the Boston-based alts manager.