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From PWM Research / Sub-Advisory 01 September 2008

By PWM Editor

A year on from the credit crunch it is time to evaluate where portfolios are standing. At first glance it certainly appears to be a gloomy picture. We believe tighter credit conditions, increased defaults on loans and mortgages by consumers and bank write-downs will continue to create a challenging environment in the year ahead.

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The fall-out from subprime – challenge or opportunity?

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