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ECB stimulus plan drives some investments into new territories

SEEKING SHELTER: Among other things, Allianz, based in Munich, invested in wind parks; a shopping mall in Nice, France; and a military garrison in Colchester, England.


THE European Central Bank's (ECB) plan to begin a big monetary stimulus programme in March is already causing money to contort in new and sometimes strange ways.

German bonds maturing in seven years traded at a negative interest rate for the first time on Thursday,...

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