
Asset Allocation
Spinoff City: More Companies Should Shed Subsidiaries, Says Goldman
Divesting noncore units is a good way to boost lagging profit margins, the firm declares.
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Athene will provide annuity benefits to approximately 70,000 GE retirees.