04.08.2011 - BlackRock says SWFs remain committed to the euro, despite crisis
Sovereign wealth funds and other big-money investors haven't lost faith in the euro and aren't showing signs of a dramatic move away from euro assets, a senior money manager at BlackRock Inc. said Wednesday. "Part of the reason the euro remains fairly entrenched is that there hasn't been a wholesale diversification away from the euro during this crisis," said Scott Thiel, chief investment officer of fixed income, said at a media briefing..............................................Full Article: Source
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