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Monthly Archives: March 2014

In the gap left by embattled banks, an alternative emerges

IT IS a common gripe among businessmen that although central banks in the rich world have done their damnedest to bring down interest rates, many firms still struggle to borrow, as battered banks curb lending in an effort to shore up their capital. In America, one beneficiary of this unfortunate squeeze on credit is a form of mutual fund that ... Read More »