Mixed signals from hedge fund reinsurers

Hedge fund reinsurers have pursued aggressive top line growth over 2013-15 while turning in no underwriting profit, according to a report by S&P Capital IQ.

Distressed debt funds hit new records as dry powder levels struggle to gain momentum

Distressed debt-focused fund managers may have had some easy pickings in 2007 and 2008 with capital committed rising to a post-crisis high in 2012 but dry powder levels are falling.