November 2011 | Base Metals
Bearish bias won’t be abandoned until outlook improves or liquidity is boosted: Funds focus
Base metal assets under management fell $3.7bn to $99.3bn last week – the third successive down-week. We would not be surprised to see further declines until investors perceive the worst of the economic downturn has passed or until stimulus and quantitative easing boost liquidity. Neither scenario is on the horizon yet.
Base metal assets under management (AUM) fell $3.7bn to $99.3bn last...
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