Precisely. It shows that they have the clout to pay a premium for quality assets. Will IVZ be next? People will always point fingers at those who get in early and make a profit. “Corruption” or just a smart investment?
p.s. they do their best to play down and bury the significant rise in the price of gold over the last few years in the last part of the article.
IVZ media thread, page-6928
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