Nov 16, 2018
LGT Beacon: Big selloffs and midterm elections bode well for a rebound
Fear of further increases in US interest rates and some other looming anxieties culminated in a major equity selloff early this month. However, the broader markets' signals were more constructive: yield curves steepened, breakeven rates ticked up, credit spreads narrowed, and emerging markets assets stabilized; so we decided to buy the dip in equities.
Nov 9, 2018
LGT European Capital arranges unitranche facilities in Italy and Spain
Entities LGT European Capital Limited (“LGT European Capital”) provides investment management services to acted as sole arrangers and underwriters of a unitranche financing to support the acquisition of EfectoLED and iWatMotion (the “Group”) by Miura Private Equity in Spain.
Furthermore LGT European Capital has successfully arranged two unitranche facilities in Italy to support the acquisition of FairConnect in September 2018, and the buyout of AEB in October 2018.
Nov 9, 2018
LGT’s ILS team receives award for innovative initiative
LGT’s insurance-linked strategies team (LGT ILS) has won the “initiative of the year award” by Trading Risk for the innovation of setting up the first collateralized rated reinsurer, Lumen Re Ltd. This step is expected to have a significant impact on the entire ILS industry.