No. 012
Commercial property
Offices, warehouses, shops and industrial units, valued on the rent they produce and repriced hard by the structural shifts …
No. 015Corporate bonds
Company debt, sold in large denominations to institutions, where you take credit risk for a spread over government yields.
No. 017Distressed debt
Buying other people’s bad debts at a discount, either to restructure the borrower or to collect more than you paid.
No. 035Insurance & reinsurance risk
Risk itself, underwritten face to face in a London market that predates every exchange on this site and still works by broke…
No. 036Interest rate swaps
An exchange of fixed payments for floating ones, invisible to the public and one of the largest markets on earth by notional…