World Bank’s pandemic bonds sink as coronavirus spreads

World Bank’s pandemic bonds sink as coronavirus spreads

Investors dump debt designed to pay out when developing nations face serious outbreaks Investors are betting that a special pandemic bond issued by the World Bank will pay out relief funds to countries affected by the coronavirus, as the death toll from the outbreak...
How Private Equity Became a Beta Play

How Private Equity Became a Beta Play

All the numbers point to private equity and venture capital being at a peak. But it’s not for the reasons many think, according to McKinsey. Institutions once invested in private equity for the potential to earn higher returns than other asset classes, and the...