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German asset managers exit agricultural investments

Posted on 29 May 2013

Germany’s DZ Bank and its asset management subsidiary Union Investment this week confirmed they are pulling out of investments into agricultural commodities. The move follows wider criticism that the market for producers is being distorted as a result of investment into agricultural commodity markets and indices.
Whilst the decision by DZ Bank was made in January, the debate has been reignited in Germany as member of the board, Lars Hille, explained the extent to which the funds’ strategies would change……………………………………Full Article: Source


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