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Oil rout leaves investors with outdated portfolios
Published Tue, Dec 2, 2014 · 09:50 PM
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Istanbul
THE rapid slide in oil prices has left many money managers overseeing outdated portfolios and missing emerging opportunities from Turkey to India and Indonesia, according to BlackRock Inc's Sam Vecht.
Even as crude's 36 per cent plunge in less than six months eases the energy costs of importing countries and leaves scope for more consumer spending, investors haven't bee…
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