Asian hedge funds facing forced margin call selling?

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

pmbug

pmbug

Your Host
Administrator
Benefactor
Messages
14,233
Reaction score
4,502
Points
268
Location
Texas
United-States
Looks like forced margin call selling by Asian hedge funds might be contributing to weakness in gold trading on the Asian exchanges:
Asia-focused hedge funds saw net outflows of $1.9 billion in September, the first monthly outflow in 17 months, according to data from Eurekahedge.

Investors pulled out over concerns about the global economy and the European debt crisis. The outflows follow three months of net inflows and brings the YTD allocation to Asia hedge funds to $5 billion, according to the industry tracker.
...
Click to expand...

http://www.finalternatives.com/node/18479
 
You must log in or register to reply here.
Back
Top Bottom