Emerging Markets : Pension Funds Like Local-Currency Debt

NEWS     California’s San Bernardino County’s employees’ retirement plan awarded a $125 million mandate in October to London-based Ashmore Investment Management for investment in emerging market local-currency debt. “All our central bank clients and the majority of our pension ...

Features : Growth Pains

COUNTRY REPORT / CHINA     China’s continuing economic expansion may be a bumpy ride, but the country’s prospects still look remarkably good.   Reach for the skies: China’s newfound wealth is reflected in its grand plans for Shanghai and ...

Features : Balancing Act

COUNTRY REPORT / BRAZIL     Buffeted by the shockwaves from the US subprime mortgage crisis, Brazil has to steer a steady course if it is to keep its economic development on track.     Buffeted by the shockwaves from ...

Features : Aiming To Please

COUNTRY REPORT / PHILIPPINES     Schleimer: The Clean Air Act could be used to regulate greenhouse gases With the May general election safely behind it, the Philippine government hopes to use the next three years of relative political quietude ...