Consultancy

“PE is no longer something people don’t understand”

Kirk Radke on the globalisation of private equity. He spoke to Eleni Chalkidou

International law firm Kirkland & Ellis has a 100-year history of offering outstanding legal services to its clientele globally. The firm is widely celebrated for providing high quality counsel in areas such as IP, litigation, tax, restructuring and c...

A safety net with options

Overlay management systems have proven their worth and can provide a cushion against new risk factors, says Alexander Preininger

The management of institutional portfolios is becoming more and more complex: on the one hand investors increasingly seek broader diversification for their investments, while on the other they are confronted with a growing range of highly specialised asse...

A watershed year for private equity

The industry could be an engine of growth in the ‘great recovery.’
Selwyn Parker speaks to Kirk Radke, a partner at Kirkland & Ellis LLP

Private equity in the US and elsewhere faces a turnaround as it recovers from what many predicted would be a near-death experience in the wake of the global financial crisis. The coming funding rounds in the US, Europe and elsewhere as houses pursue inves...

Asset management: Crisis review

2008 was, after the LTCM crises, the second but probably most profound crisis for the asset management industry worldwide. Lehman’s collapse marked the beginning of a new age in the history of asset and liability management

By the middle of 2009, the asset management industry had evolved into a more consolidated and less complex industry. Savings rates around the world grew, obliging the industry to respond to this new demand.The Portuguese case: industry analysisIn Portugal...

Promises, promises…

Despite assurances of tax reforms and rate cuts when Germany’s government took power late in 2009, there have been but few policy changes over the past twelve months, says Dieter Endres

Political attention at first focused on the financial crisis but has now shifted towards regaining budgetary stability, the immediate objective being to bring the annual deficit below the Maastricht limit of three percent of GDP in 2011. That this goal is...

Leading execs to attend European summit

“The marcus evans European Tax Summit is a must for anyone bearing responsibility in the taxation field as an entrepreneurial leader, as a tax official, or as a tax advisor” Vice President & Head of Corporate Taxes, Lufthansa German Airlines

The summit will offer the opportunity to network, establish connections, exchange ideas and gain knowledge. As an invitation-only event taking place behind closed doors, the European Tax Summit is a unique interactive forum for leading tax executives worl...

What’s your number?

Jane Bordenave finds out how ING Seguros de Vida SA is helping the people of Chile change the way they see personal finance and plan for their future

Andrés Castro, CEO, ING ChileING Chile is part of ING Group, the Dutch-based global financial group. ING started operations in Chile in 1997. It has two million customers – nearly 12 percent of the country’s population as a whole, and i...

Rallying regulation

Determining the path to corporate health is more complex than it sounds

Our running discussion about transparency in 2010 has led to an interesting first year with this publication. Admittedly, I have not been universally acclaimed for staking out a rather simplistic position on transparency and the virtues of parallel online...

Buffett’s Berkshire is best-regarded US company

Berkshire Hathaway Inc – run by Warren Buffett – topped a list of the best-regarded US companies, although the public has a dim view of corporate America

After a recession that prompted the US government to spend hundreds of billions of dollars on corporate bailouts, 81 percent of Americans told Harris Interactive that business's reputation is "not good" or "terrible." That marked a slight improvement from...

Limiting auditor liability

Since the demise of Arthur Andersen, following the collapse of Enron, the world’s largest companies have been audited by just four external audit firms – Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers. Regulators are keen to make sure that the number does not drop down to three

The European Commission and regulators in the US and the UK all fear that if another audit firm goes bust in the face of massive claims against it – or leaves the market because of financial and legal risks – the quality of corporate governance will b...

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Zimbabwe

234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead

Japan

197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations

Greece

142.8%, possibly heading for default, and considered one of many eurozone bad boys

Lebanon

133.8%, deceptively, has a strong banking sector, but little more in an ailing economy

Iceland

126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel

Italy

119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership

Singapore

106%, to many an idyllic investment destination, a great borrower, repayer, and long term option

Belgium

101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus

Egypt

90%, high but it’s recovering from a long and protracted revolution and aiming high

European Union

82%, stronger countries like Germany are contaminated by the weakest. It could go on…