3 July 2009 00:21
McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups. Of the 210 survey respondents, half of those in their 30s relied on the default level of insurance cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’.
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Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.
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