Analysis

The steady rise of factor-based investing

In expectation of lower future returns, many insurers are embracing the factor-based approach either as an investment philosophy or a tool in the investment process. Benedicte Gravrand reports

"Solvency II is the missing piece in the securitisation package"

Paul Tang, rapporteur for the regulation on securitisations, urges the European Commission to ease the charges for insurers investing in simple, transparent and standardised (STS) securitisations, and rules out the introduction of compulsory third-party certification for such products demanded by the industry. He speaks to Hugo Coelho

Emerging market debt a logical extension for insurers

The key driver for investing in emerging markets is the search for additional yield, and the hard-currency version seems a better fit for insurers' portfolio. But beware of the sovereign risks associated to some countries. Benedicte Gravrand reports

Stay sharp on infrastructure

Infrastructure debt has superior credit fundamentals to the corporate bond sector, says Clara Yan, insurance asset liability management director at UK-based asset manager Schroders

US insurers raise exposure to alternatives

US insurers are increasing their exposure to alternative investments at the expense of allocations to non-performing fixed income portfolios, reports Benedicte Gravrand

Convertible bonds shine brighter under Solvency II

Finding the sweet spot between the yield of an asset and its capital charge has become a core consideration for EU insurers. Convertible bonds may represent a golden opportunity, as Benedicte Gravrand reports