The Absolute Return Letter – November 2011

The ink on the Greek rescue agreement has barely dried, and the feeling in financial markets is sombre yet again. However, investors have changed their focus away from Greece towards Italy – a change which could prove disastrous for the eurozone given the size of the Italian bond market. In this edition of The Absolute Return Letter we take a closer look at Italy’s refinancing needs and suggest corporate bonds as an alternative to government bonds.

Enjoy the read!


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