Anne Kast, the Bermuda-based investment advisor who runs the Bermuda Insurance Index Fund, may have been ruing the timing of a recent full-page advertisement in The Royal Gazette newspaper.
In an effort to drum up business for the fund, which was launched last year at $10 and is now at $9.40, readers were treated to massively optimistic buy recommendations of Bermuda’s insurance stocks from analysts such as Morgan Stanley, Prudential, Merrill Lynch and Warburg Dillon.
Anne Kast’s Insurance Fund: Time to buy or sell?
26 years ago
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Bermuda Insurance Listed SecuritiesKeywords
Anne Kast Bermuda Insurance Index Fund Bermuda Insurance Market Merrill Lynch Morgan Stanley