In the US, members of both parties back a boost in Pentagon spending. The consensus is similar for military-related outlays in Japan and Europe.
Private equity investment in the insurance industry is affecting how some view risks in the pension risk transfer market, while others say it will broaden the PRT sector’s appeal as a diversification tool.
War and international tension spell increased arms spending and, thus, higher military contractor share prices.
A huge transfer from Lockheed cemented its lead, says S&P, as pension shifting grows.
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
Institutional investors mostly want to direct their non-market-correlated strategies themselves, but acceptance of these retail-oriented alternatives is inching up.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.
Latest 8-K reveals $2.6 billion in LDI transactions.
After six months without one, Paul Colonna will replace departed Chris Li in January.
Companies bolster pensions while taking advantage of lower tax rate.