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BNPP wheels out wealth preservation index

Overlay Asset Management has launched the BNPP/OAM Wealth Preservation Currency Index, a joint initiative with BNP Paribas. The index will offer investors access to a ‘virtual world reserve currency’ and will track the purchasing power of currencies. The BNPP/OAM Wealth Preservation Currency Index (WPCI) tracks the performance of the 15 largest currencies, representing 80% of the world’s economy. Currency allocations…

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