Tag Archives: cash-pile
Desjardins pulls funds amid market plunge
Globe and Mail – Desjardins Group is winding down hedge fund-linked products, as Canada’s largest financial co-operative joins life insurers in dealing with problems in guaranteed investments that have been pounded by the downturn. Montreal-based Desjardins is shutting down lines […]
Samsung Life, Kyobo Shun U.S., Europe for Korea Bonds
Bloomberg- South Korean life insurers are shunning U.S. and European corporate bonds because of a rising risk of default and plowing money into domestic debt. Samsung Life Insurance Co., Korea’s biggest insurer, is diverting $500 million into 10-year government bonds, […]
