Monaco Real Estate News

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Monaco hedge fund building stake in Rock Reinsurers hazard big money outside Monaco casino
HIGH street lender Northern Rock saw its share price surge by more than a quarter yesterday after it emerged a Monaco hedge fund had amassed a four per cent stake in the business.
The annual gathering of the global reinsurance industry in Monaco is an arcane, 50-year-old ritual of lavish parties and secret tete-a-tetes where the industry negotiates renewal contracts for the coming year.
   

Monaco hedge fund building stake in Rock

HIGH street lender Northern Rock saw its share price surge by more than a quarter yesterday after it emerged a Monaco hedge fund had amassed a four per cent stake in the business.

Reinsurers hazard big money outside Monaco casino

The annual gathering of the global reinsurance industry in Monaco is an arcane, 50-year-old ritual of lavish parties and secret tete-a-tetes where the industry negotiates renewal contracts for the coming year.

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