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NEW YORK: Wall Street banks are jostling for business from Australia’s pension funds as the world’s fastest-growing pool of retirement savings looks to hedge its chunky overseas investments.
(Bloomberg) -- Wall Street banks are jostling for business from Australia’s pension funds as the world’s fastest-growing pool of retirement savings looks to hedge its chunky overseas investments. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomB
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) - Japan's gargantuan life insurers appear capable of weathering paper losses in domestic bond holdi...
Japan's gargantuan life insurers appear capable of weathering paper losses in domestic bond holdings triggered by this week's surprise tweak to yield limits and will likely boost the rising yen even
Volatility has exploded in an obscure but important corner of Australia's $113-billion-a-day interest-rate derivatives market, with disruption flowing across fixed income products.