The tiff over Brookfield’s new acquisition underscores the pros and cons.
The reinsurer was set up to manage risk from the booming pension transfer and retail annuity markets.
The U.S. asset manager, which focuses on insurance, will keep CEO Woody Bradford.
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Impact investing and longer-duration bonds are on the buy list, says Nuveen.
Guo joins the insurance giant from Catalina Holdings, where he was CIO of Asia and Europe.
Legal action could influence whether the European Commission approves the $30 billion acquisition.
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
