The freezing of assets by US firm Third Avenue Management in its credit fund has led investors, including billionaire Carl Icahn, to fear a "meltdown" in the high yield sector.
Last week, Wall Street firm Third Avenue Management imposed a freeze on withdrawals from its $788m high yield bond fund, shocking the market. The firm said it took the action to avoid fire sales, following...
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on
And 94% for critical illness