Latest from IPE Magazine – Page 704
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Features
Italian moves stalled
The pensions reform package to the closed pensions market in Italy has run into trouble and is unlikely to be passed, warns Roberto Casanova at Milan-based financial consultants IAMA Consulting. Were the package passed, IAMA predicts assets under management in the closed pension fund industry will grow from E3.6bn to ...
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Features
Merrill's horrible year
Merrill Lynch’s May 2002 is testimony to the old saw that it never rains but pours. There was the well-publicised agreement reached with New York attorney general Eliot Spitzer that saw the investment bank pay a $100m (E109m) fine. In making a settlement, Merrill Lynch was at pains to say ...
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Features
Inflation fears stalk Euroland recovery
The recent spate of optimism in Euroland’s equity markets is beginning to wane as inflationary fears keep resurfacing. “I have very little confidence in the equity markets at the moment. It’s not that the markets are doing badly, but they have become somewhat stagnant. Until the ECB increases rates and ...
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Features
Dollar languishes in the doldrums
Is something happening to the dollar? Something big and bad? Between the beginning of March and mid-May of this year, the US currency has declined just over 5% versus the euro. Not that noteworthy perhaps and the foreign exchanges have certainly seen much more drama than that in the past. ...
