Profit

Metals meltdown creates mayhem in global markets

PUBLISHED ON: February 6, 2007

   
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Metals were certainly the flavour of the season at global markets, until recently. But now the merry-making has turned to mayhem as the metals meltdown has claimed its first victim. Red Kite, a UK based metal trading hedge fund, has lost 20 per cent in the last 12 months.
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