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Crisis Fund Taps Iraq Worries.
Byline: Nina Suebsukcharoen
Feb. 4--While many people are worried about the impact of a US-Iraq war, others see it as an opportunity for advancement in the financial world.
AJF Asset Management, for example, plans to launch the AJF Crisis Opportunity Fund next week, subject to approval by the Securities and Exchange Commission.
Managing director Reungvit Nandhabiwat said the firm was looking to establish funds that would take advantage of certain events or market conditions.
Uncertainties about war in the Middle East had created an opportune time to enter the stock market, he said.
"Normally, when a war starts the market ...
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Source: HighBeam Research, Crisis Fund Taps Iraq Worries.