BlackRock is the largest shareholder in both gunmakers and has more than $6 trillion in assets under management. It stopped short of saying it would divest its funds of gun companies, however.
LONDON: A collapse in volatility across currencies is leading fund managers to scour every corner of the market for profit opportunities.
Central bank inaction has helped push measures of price swings to the lowest in years. Fund managers from Amundi Asset Management to Allianz Global Investors say this is causing them to turn away from traditional bets on the dollar and euro and toward emerging markets, carry trades and taking cheap punts in options.
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