Editors' picks for the week include interviews with MarketAxess CEO Rick McVey and Vanguard Investment Stewardship Officer Glenn Booraem, and a deep dive into long-term care insurance.
Electronic trading for corporate bonds, decades in the works, now gaining steam
Corporate bond traders have long relied on everything from phone calls to chat messages to execute an order. Now, a shift to electronic trading 20 years in the making is picking up steam.
Long-term care insurance could face reserve reckoning
General Electric's long-term care insurance woes have highlighted broader questions about reserve adequacy for business that, in many cases, was written decades ago.
Vanguard executive sees investment value, ESG issues converging in strategy
Vanguard Group Inc. has doubled the size of its investment stewardship team in recent years and is increasingly engaging with companies on governance, but this is about economic value, not social issues, Investment Stewardship Officer Glenn Booraem told S&P Global Market Intelligence in an interview.
Tax reform to weigh on upcoming annual US statutory insurance statements
The forthcoming release of key annual statutory statement pages will only tell part of the story about the effects of federal tax reform on the U.S. insurance industry — and life insurers in particular
MarketAxess CEO: Traders 'leaning on' electronic trading platforms to move bonds
The historically illiquid corporate bond market is beginning to change as electronic trading platforms grow, MarketAxess Holdings Inc. Chairman and CEO Rick McVey said in an interview.
