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Allocations to Asia higher than Europe

In Article Library by Ian Fraser0 Comments

By Ian Fraser Published: European Venture Capital Journal Date: 3 November 2008 LPs are keen to balance exposure to the US and EU LIMITED partners, battered by the credit crunch, are not intoxicated with Asia right now. However, for reasons including their historical over-allocation to developed economies, the comparative stability …

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Faith in Grampian hastens fall of Bent

In Blog by Ian Fraser0 Comments

2 November 2008 Bruce R Bent, founder and chairman of the New York-based cash management firm The Reserve, is in a spot of bother at the moment. The 71-year-old American, widely credited with having invented the money market fund in the 1970s, has finally started paying back investors in his …

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The downfall of Sir Fred: hubris followed by nemesis

In Blog by Ian Fraser8 Comments

20 October 2008 (Note: this is the full, unedited version of an article commissioned by the Mail on Sunday on October 16, 2008. see published version here) SIR Fred Goodwin, the chief executive of Royal Bank of Scotland, seemed extraordinarily chipper and relaxed as he hosted a champagne reception for …

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After the fall

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By Ian Fraser Published: Sunday Herald Date: 5 October 2008 As the world braces itself for the consequences of the collapse of the financial system, a new model will have to be found to replace it. So where now for banking? By Ian Fraser THE GLOBAL economy has reached the …

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Roubini: US has little hope of avoiding economic Armaggedon

In Blog by Ian Fraser1 Comment

11 March 2008 Uber-bears will take comfort from the latest predictions of the US academic Nouriel Roubini – a former economic adviser to President Bill Clinton who is now professor of economics at New York University’s Stern school of business. Speaking on the BBC Radio 4 Today programme this morning, …