All IPE articles in December 2004 (Magazine) – Page 4
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Asset Class Reports
Those twin deficits
So the US has the same president for the next four years, and it seems to be a case of ‘better the devil you know’, as far as bond and currency market participants are concerned. For Bruno Crastes, head of global fixed income at Credit Agricole Asset Management (CAAM), bond ...
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Features
In the sky with diamonds
The pension fund of Dutch national airline KLM was launched 70 years ago to provide pensions for its pilots, cabin crew and ground staff. There are three distinct funds to cater for the different and mostly very individual needs of the three groups of employees. At the end of last ...
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Features
EMD grows to maturity
Emerging market debt (EMD) has certainly hit the headlines in recent years. Argentina defaulted in 2001; in January 1999 in Brazil the real was devalued by 40%; Russia restructured its debt in 1999, while in 1997 the Asian crisis saw a collapse in investor confidence spread among the region’s countries. ...
