Managers should warn on loan risks
Three-quarters of all outstanding leveraged loans lack meaningful lender protection. This is the outcome of the steep rise of ‘cov-lite’ loans since the financial crisis
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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