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Euro drops sharply as fears take toll US-based Merk Investments, the currency specialists, has cut all of its euro holdings in its flagship fund this month. “We sold our last euro on May 15,” said Axel Merk, chief investment officer.
May 24, 2012 at 19:47 | Source: Financial Times
Amundi, Threadneedle Investments and Merk Investments are among the funds identified. China’s biggest banks may fall short of 2012 loan targets, reports Bloomberg, citing three bank officials with knowledge of the matter. Steep declines in ...
May 25, 2012 at 04:36 | Source: Financial Times
Those who invest in the Merk Gold Trust that Merk Investments put into registration last month will be able to redeem smaller amounts of shares of the proposed ETF for actual bullion—a marketing hook that sets it apart from existing physical ...
May 7, 2012 at 23:56 | Source: IndexUniverse.com
US-based Merk Investments, which runs specialist currency funds, was one of the investors to profit from the move upwards in the euro-franc, though it believes the SNB will continue to hold the ceiling it has set for the franc. “Long euro short franc has ...
May 24, 2012 at 18:42 | Source: Financial Times
US-based Merk Investments, the currency specialists, has cut all of its euro holdings in its flagship fund this month...Other big fund managers fear the likelihood of a so-called 'Grexit', in the event of Athens leaving the euro, has risen ...
May 25, 2012 at 12:00 | Source: Washington Post
(FT.) Fund managers dump euro assets: Amundi, Threadneedle Investments and Merk Investments are among funds noted to be limiting euro exposure amid rising fears over a possible Greek exit from the eurozone and single currency turmoil (FT.)
May 25, 2012 at 09:30 | Source: Financial Times
Merk Hard Currency Fund eliminated its euro exposure as ... investment director for multi-asset investing at Standard Life Investments in Edinburgh, Scotland. "We just don't think there's a quick fix. The unresponsive nature of the authorities ...
May 23, 2012 at 20:16 | Source: Reuters UK
Financial Times reporting that some big European funds have been dumping euro assets, notably Amundi, Threadneedle Investments and US-based Merk. Euro slightly higher, but remains near two year lows against the dollar at $1.256 07.45 ...
May 25, 2012 at 07:07 | Source: Citywire.co.uk
Amundi, Threadneedle Investments and Merk Investments are among the funds identified. 2.59pm: Warren Buffett, whose Berkshire Hathaway struck a deal this month to acquire 63 newspapers, says he may buy more publications as the industry rethinks whether to ...
May 25, 2012 at 04:43 | Source: Sydney Morning Herald
Amundi, Europe’s second-biggest private fund manager, and Threadneedle Investments, the big UK manager, have cut their exposure to the euro in recent days as frustration grows with political leaders’ efforts to resolve the crisis. US-based Merk ...
May 25, 2012 at 07:21 | Source: RTE Online