As of December 31, 2023, total adjusted capital at American Equity Life totaled $4.3 billion with estimated excess capital of approximately $800 million above rating agency requirements and an estimated risk-based capital ratio of 370% to 390%. Cash and equivalents at the holding c...
The Company’s outlook reflects estimated negative impacts of foreign currency exchange rate fluctuations to property revenue, Adjusted EBITDA and AFFO attributable to AMT common stockholders of approximately $191 million, $132 million and $82 million, respectively, relative to the Company’s 20...
Liquidity, Capital and Credit • AIG Parent's ability to access funds from our subsidiaries is limited, and our sources of liquidity may be insufficient to meet our needs, including providing capital that may be required by our subsidiaries. • We may not be able to generate cash to meet...
CANADA LIFE NORTH AMERICAN HIGH YIELD FIXED INCOME FUND (To be renamed Canada Life Global High Yield Fixed Income Fund on or about December 2, 2024) INTERIM UNAUDITED FINANCIAL STATEMENTS | September 30, 2024 SCHEDULE OF INVESTMENTS as at September 30, 2024 Investment Name MUTU...
As a result, we estimate that the revenue pool for money market funds in the United States has more than doubled over the first eight months of 2023 to about $13 billion,1 not far behind the revenue represented by other large asset classes such as...
If we cast our minds back to this time a year ago, many were fretting deeply about the possibility of a global recession, after a period of swift increases in interest rates to tame inflation. The narrative through the back half of 2023 was that rate hikes would torpedo growth, and equit...
And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day. He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict...
The fair value of the Convertible Notes, which would have been classified as Level 2, was $1.0 billion and $1.1 billion as of September 30, 2024 and December 31, 2023, respectively. The carrying value and estimated fair value of our long-term debt, including current maturities, were as ...
The U.K. Financial Times reported on the 18th that the $7mn of the $24mn in North Korea funds frozen in BDA accounts is from Korean trusts and banks of which half the funds is estimated to from a joint account by British American Tobacco (BAT) and a tobacco company trading by North...
particularly managers of private equity and hedge funds. The carried interest rule allows them to pay only a 20% capital gains tax plus a 3.8% investment tax on these gains, a combined rate that's lower than ordinary income rates which range...