All IPE articles in November 2003 (Magazine)
View all stories from this issue.
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Features
Starting on ten years of reform
In March 2002 the Federal Republic of Yugoslavia disappeared as its two remaining republics, Serbia and Montenegro, opted for a looser union with their own currencies, economic policies and customs procedures. While the union retains some federal structures such as foreign and defence ministries and a joint president, other institutions ...
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Features
The future for hedge funds
There are some expressions you read about in magazines and hear regularly at conferences these days that most people had never heard of a few years ago. One such expression now heard regularly is: “the search for alpha”. Another is: “absolute return investing for pension funds”. Even now, few of ...
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Features
Europe's investors respond to ETFs
Exchange traded funds (ETFs) are increasingly being used by institutional investors in Europe. This can be gleaned from figures that show that the use of US-listed ETFs and the similar HOLDRS vehicles by European institutional investors has grown 20% faster over the year to end June 2003, compared with the ...
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Features
Doesn’t suit you, Sir
The other day Belle and I went into a car showroom. When we finally got to see a salesman, he said: “You’ll want a Volvo estate.” “Certainly not, we want a Lotus Elise,” I said. “Sorry, couldn’t sell you that. A beast like you would look silly, the Volvo it ...
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Features
Low taxes pose pension dilemma
The Isle of Man, less than 100km from the UK coast, has always followed pension developments in the UK closely. This is in contrast to the other two British offshore centres, Jersey and Guernsey, which have taken a more independent approach. The island adopted most of the provisions of the ...