Equities Slump, Gold Rallies as Contrarians Predicted
Jeffrey Gundlach and others had warned of a possible correction, as well as an improvement in gold.
Fund Focus, ETFs: iShares Launches China Fund; Van Eck Hard Assets ETF Reaches AUM Milestone
In ETF news this week, BlackRock Inc.’s iShares launched a China index fund while Van Eck Global’s hard assets ETF reached an AUM milestone.
New iShares China ETF
Some of the ETFs major holdings are China Mobile, PetroChina and Bank of China.