BlackRock ups exposure to miners, overweight copper


LONDON, Sept 24 (Reuters) - U.S.-based fund firm BlackRock said on Thursday it raised its exposure to mining firms and is overweight commodities such as copper, partly because it expects stronger demand from China. Government-driven lending has spurred activity in China, BlackRock said in a release. "The nature of China's command economy has meant that this stimulus has filtered down into the real economy, unlike in the U.S. - so far," said Cathering Raw a BlackRock fund manager. "We ...

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