Cranking the levers of power
Capital constraints and the massive demand for loan refinancing are likely to cause substantial defaults in the US and Europe, as Anish Shah and Clint Myers report
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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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