The search for yield has driven investors to catastrophe bonds, pushing their yield down. Gillian Tett, FT columnist, explains to John Authers that the return for the risk is not enough anymore for Warren Buffett.
The search for yield has driven investors to catastrophe bonds, pushing their yield down. Gillian Tett, FT columnist, explains to John Authers that the return for the risk is not enough anymore for Warren Buffett.
