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Rising thirst for European bank debt
21 May 2012
European loan portfolios are attracting interest from new investors such as pension funds, insurance firms and sovereign wealth funds
European bank debt
Investors have rising appetite for European loan portfolios as banks plan their refinancing of the liquidity injections from the European Central Bank (ECB), according to a new survey by PricewaterhouseCoopers.
Investment banks, hedge funds and private equity groups have collected around €60bn to invest in non-core European loan assets and are undergoing further fundraising, said PwC. PwC...
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