{"id":7290,"date":"2008-03-12T00:00:00","date_gmt":"2008-03-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"dexia-sees-russia-as-a-safe-haven-on-commodities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/dexia-sees-russia-as-a-safe-haven-on-commodities.html","title":{"rendered":"Dexia sees Russia as a &#8220;safe haven&#8221; on commodities"},"content":{"rendered":"<p>LONDON (Reuters)- Strong commodity prices are increasing Russia&#8217;s relative allure as the threat of a global economic slowdown grows, said a fund manager for Belgian-French asset management firm Dexia. <\/p>\n<p>Dexia has raised Russia&#8217;s share in its Equities Emerging Europe Fund &#8212; now at 110 million euros (84 million pounds) &#8212; to about 66 percent while moving to underweight on markets such as Turkey and Hungary, which are more dependent on foreign financing and thus more exposed to the global liquidity crunch.<\/p>\n<p>&quot;Russia enjoys the double benefit of being a country that is not as intertwined with the world economy and yet is a major producer of dollar-denominated commodities,&quot; said Philip Screve, who manages the Dexia fund.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/249989242\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/249989242\/idUKNOA22838020080312\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters)- Strong commodity prices are increasing Russia&#8217;s relative allure as the threat of a global economic slowdown grows, said a fund manager for Belgian-French asset management firm Dexia. Dexia has raised Russia&#8217;s share in its Equities Emerging Europe Fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7290","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7290"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7290\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}