Insurance-Linked Securities Saw Record Issuance in 2025
ILS issuance totaled $24.7 billion last year, according to a report from Swiss Re.
Conflicting trends of asset outperformance and risk driven by increasing workplace disability claims are expected to affect the funds, according to S&P Global.
Tariffs, uncertainty about the future of Federal Reserve independence, and rising U.S. deficits could drive yields higher.
Sub-investment-grade bonds have outperformed all but emerging market debt.
Four candidates will be chosen to spend a year at Stanford University immersed in the investing program that debuted in 2024.
With inflation data muddied, rate cuts uncertain and private credit facing tougher tests, money managers say the next year will reward investors who get specific—about curve, structure and currency.