Permal shows higher interest towards yuan assets

Note: This section contains information in English only.
Source: China.org.cn

Permal Group, the world leading hedge fund of funds, plans to increase investment in yuan  assets. China's potential as profitable investment option is growing in the light of Europe's financial problems, fund official saidl. Despite anticipation of yuan decrease Permal strategy of exposure to yuan assets will prove to be viable as analysts predict that after slight fall yuan will appreciate by 30% in the next six years.

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