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Wells Fargo Starts Commodities Hedge Fund Amid Slump in Prices

Posted on 29 July 2015

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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