(Bloomberg) -- If MetLife Inc. is any guide, it's
time to search beyond leveraged buyouts for investment returns.
The biggest U.S. life insurer plans to devote more to hedge
funds, startup companies, and even timber to spruce up $330
billion in holdings dominated by bonds yielding about 6 percent.
What New York-based MetLife won't do is boost the share of
assets dedicated to leveraged buyouts after gains from LBO funds
were almost double the company's expectations in the first
quarter.
Read more at Bloomberg Exclusive News
time to search beyond leveraged buyouts for investment returns.
The biggest U.S. life insurer plans to devote more to hedge
funds, startup companies, and even timber to spruce up $330
billion in holdings dominated by bonds yielding about 6 percent.
What New York-based MetLife won't do is boost the share of
assets dedicated to leveraged buyouts after gains from LBO funds
were almost double the company's expectations in the first
quarter.
Read more at Bloomberg Exclusive News
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