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AAAU - $16B Ohio Police & Fire pension fund buying gold
Goldman Sachs Physical Gold ETF
Following the advice of consultant Wilshire Associates, the Ohio Police & Fire Pension Fund - currently with $15.7B in AUM - will invest 5% of its assets in gold (XAUUSD:CUR). There's no move from other assets - instead the fund will take leverage up to 25% from 20%.
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