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Saturday, 17 September 2011
Social Insurance: The First And Best Diversified Asset Class
Gillian Tett, always worth reading on financial matters, explains that the “rogue trader” problem at UBS is the tip of an iceberg of potential problems around exchange traded funds: “On paper, ETFs (just like CDOs) look like a wonderful idea; they are vehicles that enable investors to gain exposure easily to a diverse range of [...]
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