Die Anästhesiologie 2012
DOI: 10.1007/978-3-642-21125-6_32
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Sicherung der Atemwege

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Cited by 2 publications
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“…Whereas the BVI initially presented Anglo-American pension funds as vehicles to import the efficiency of equity-oriented old age provision, they soon employed the same reference point to make the case that AS-funds were in fact not that radical. Investment companies emphasized that foreign models were more financialized than what they were proposing, as for example American 401k plans allowed asset managers to invest in warrants and commodity futures, which 'does not correspond to the thinking in continental Europe' apropos of prudent old age provision (Laux, 1999). On the other hand, investment companies touted 401k plans as proof that AS-funds would boost occupational pension coverage among SMEs (BVI, 2000a).…”
Section: Old Wine: Investment Companies and Anglo-american Pension Fundsmentioning
confidence: 99%
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“…Whereas the BVI initially presented Anglo-American pension funds as vehicles to import the efficiency of equity-oriented old age provision, they soon employed the same reference point to make the case that AS-funds were in fact not that radical. Investment companies emphasized that foreign models were more financialized than what they were proposing, as for example American 401k plans allowed asset managers to invest in warrants and commodity futures, which 'does not correspond to the thinking in continental Europe' apropos of prudent old age provision (Laux, 1999). On the other hand, investment companies touted 401k plans as proof that AS-funds would boost occupational pension coverage among SMEs (BVI, 2000a).…”
Section: Old Wine: Investment Companies and Anglo-american Pension Fundsmentioning
confidence: 99%
“…Blake concluded that AS-funds were the guiding model for the 'pension fund system of the twenty first Century' (F. A.Z., 1997). The overall framing thus shifted from AS-funds bringing the benefits of foreign models to Germany, to AS-funds as the 'successor model of the traditional Anglo-American pension fund' (Laux, 1999). In this vein, the BVI presented AS-funds as the 'nucleus of a future harmonized European pension fund system' that means a 'synthesis of Anglo-American pension fund systems [ … ] and continental European systems' (BVI, 2000a).…”
Section: Old Wine: Investment Companies and Anglo-american Pension Fundsmentioning
confidence: 99%