01.02.2013 - Deutsche Bank returns to commodities speculation
Many financial institutions and multinational organizations view speculating on food commodities as a dangerous game and a contributor to global hunger. Despite its bruised reputation, Deutsche Bank is leaping back into the business. Nikolaus von Bomhard, CEO of the reinsuring giant Munich Re, feels that speculation in food commodities isn't entirely harmless. "There is a limit at which additional liquidity no longer creates additional value," he says. Munich Re doesn't invest in food commodities, nor does it offer any derivatives to hedge against risk in food production...............................................Full Article: Source
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