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ABN Personnel Move Sparks $1.6bn EM Outflow

Apr 23, 2007

News that veteran EM portfolio manager Raphael Kassin has quit ABN AMRO's Global Emerging Market Bond Fund coincides with a $1.6bn redemption from that $6bn fund in the past week. Were it not for the outflow associated with Kassin's departure, EM...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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