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Hennessee Warns of Asian Credit Crunch
posted on Thursday 12 Sep 2002 11:49 GMT+0400
From eFinancial News (subscription required)
eFinancialNews reports the Hennessee Hedge Fund Advisory Group has
warned that hedge funds may suffer from an imminent credit crunch in
Asian emerging markets. Charles Gradante, managing director,
expressed concerns about the impact of Japan and China on developing
countries in Asia, saying that "both Japan and China are major
lenders to Asian emerging markets and a credit crunch could be in the
making."
www.albourne.com
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