Last Updated July 17, 2009
Trade funds: a refuge for investors?
Up until the last quarter of 2008, trade finance funds were one of the hottest new kids on the block. Surging commodity prices created a need for more financing than banks alone could provide and regulations, like Basel II, helped a troop of new funds scoop up risk that banks didn’t want clogging up their balance sheets. Much has changed, writes Helen Castell.
