29.07.2015 - Wells Fargo Starts Commodities Hedge Fund Amid Slump in Prices
Wells Fargo & Co.’s wealth management division is soliciting investor money for a new commodities hedge fund just as oil hovers near a six-year low and other commodities prices slide to their worst levels since 2002. The Apollo Natural Resources II ASP Fund has already raised about $7 million and is looking for wealthy individuals who can afford the minimum $100,000 entry investment, according to a July 16 securities filing...............................................Full Article: Source
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