Steven Maijoor, chairman of the European Securities and Markets Authority, said the agency will publish guidelines on exchange traded funds by the end of the year.
Lyxor International Asset Management is considering delisting its exchange traded funds in Hong Kong, according to a statement to the Hong Kong stock exchange.
Like so many investors in the spring of 2009, Gordon Wolf needed to dig out of a hole.
A five-year-long link between crude oil and gold has come apart as the economic recovery boosts energy consumption and lowers the metal’s appeal as a haven, encouraging investors to buy oil and sell gold.
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