Why Cat Bond Market Structure Limits Peril Transfer
The catastrophe bond market's internal mechanics quietly determine which disasters can be securitised and which cannot. A clear explanation.
BusinessWhy Landlocked Capitals Built Better Bond Markets
Port cities had the ships and the merchants. Landlocked capitals got the bond markets. The reason is older and stranger than you'd think.
BusinessWhat Sovereign Wealth Funds Look for in Foreign Companies
Sovereign wealth funds don't buy the way hedge funds do. Here's the specific logic, criteria, and trade-offs behind how they pick foreign stakes.