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Co-managed by Philippe Berthelot and Vincent Marioni, the new fund aims to reap the performance potential of high yield credit bonds
Philip Hall and Adrian Paturle give an update on the operation of ESM: European leaders have largely been inspired by the IMF...
The Total Return Fund said not to hold any government paper since the end of February...
Last year’s key call was to spot the indebtedness of peripheral European governments and go underweight quickly. Those who did prospered all year, but in January of this year they got a nasty shock as peripheral spreads came rattling in and peripheral financials (...)
Some markets have been exhibiting dysfunctions for nearly 4 years. The flight to liquidity and compliance with solvency requirements of banks and states with financial issues, have been - and still is - only ensured by non-conventional financing provisions and emergency (...)
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