Twelve Capital Update: Insurance Bonds – Compelling Value Opportunity Remains
20 April 2020Long term, buy-and-hold insurance investors have been rewarded by positive outperformance versus the broad corporate credit market and, since 2012, versus global non-financial high yield. Despite some tightening since March 2020 wides, spreads on Insurance Bonds remain at attractive levels, Twelve believes.
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Monday, 20 April 2020
