July 2011/1
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Andrew Sterge has left multi-strategy investment firm Magnetar Capital with a view to re-forming part of his insurance-linked investment team, Trading Risk understands.
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I'll start this summer holiday-inspired comment with a phrase borrowed from the 2011 Trading Risk Awards outstanding contributor of the year, Tony Rettino.
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A flood of new investment capital will keep the ILS sector's demand for debt resilient, says investment bank UBS as it expands into offering leverage to ILS fund managers.
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2011 nat cat losses threaten to wipe up to 8% of industry value. Trading Risk breaks it down...