Epstein Secrets

2.0 SWF IME 3.6 CB Reserves 9.0 Insurance 17.0 Mutual Funds 18.9 Pension Funds 30.0 0 5 10 15 20 25 30 Sources :Mckinsey, Bluegold, IFSL Research The big sellers of EURs so far have been the CTAs and hedge funds, which, as the chart above shows, together control `only' US$2.1 trillion in AUM.

ing through the same EUR de-rating process. Recent Notes Central Banks' Losses from EURUSD this Year: USD300 Billion and Counting, May 6, 2010 On the Eroding Reserve Currency Status of the EUR, April 13, 2010 Will Greece be the Next Argentina? April 9, 2010 Sovereign Pension Funds: Approaching US$5.0 Trillion in AUM, March 31,

2.0 SWF IME 3.6 CB Reserves 9.0 Insurance 17.0 Mutual Funds 18.9 Pension Funds 30.0 0 5 10 15 20 25 30 Sources :Mckinsey, Bluegold, IFSL Research The big sellers of EURs so far have been the CTAs and hedge funds, which, as the chart above shows, together control `only' US$2.1 trillion in AUM.

ing through the same EUR de-rating process. Recent Notes Central Banks' Losses from EURUSD this Year: USD300 Billion and Counting, May 6, 2010 On the Eroding Reserve Currency Status of the EUR, April 13, 2010 Will Greece be the Next Argentina? April 9, 2010 Sovereign Pension Funds: Approaching US$5.0 Trillion in AUM, March 31,

Mutual Funds Pension Funds IIIIIIIIIIII 3.6 Assets under Management 9.0 17.0 18.9 30.0 0 5 10 15 20 25 30 Sources: Mckinsey, Bluegold, IFSL Research The big sellers of EURs so far have been the CTAs and hedge funds, which, as the chart above shows, together control `only' US$2.1 trillion in AUM.

ing through the same EUR de-rating process. Recent Notes Central Banks' Losses from EURUSD this Year: USD300 Billion and Counting, May 6, 2010 On the Eroding Reserve Currency Status of the EUR. April 13, 2010 Will Greece be the Next Argentina? April 9. 2010 Sovereign Pension Funds: Approaching US$5.0 Trillion in AUM, March 31,