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India’s Big-Bang Financial Reforms Target Foreign Money
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …