Source gold ETP finds eager Europe, Mideast takers
The euro zone crisis has constrained investment in gold-backed exchange-traded assets so high that newcomer Source now owns the world's sixth largest physically-backed gold product and sees no need to promote it actively outside Europe and the Middle East.
It is owned by major investment banks BofA Merrill Lynch., Goldman Sachs, J.P. Morgan, Morgan Stanley and Nomura.
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