ABN AMRO MeesPierson reduces equity...
(WorldNews Netherlands)

ABN AMRO MeesPierson is realising some gain on its equity position by cutting its large over-exposure in half. The sales will benefit ABN AMRO`s cash position, giving the private bank the means to play into new opportunities in the future. By decreasing its over-exposure, ABN AMRO MeesPierson is also reducing exposure to risks - including political risks - and other uncertainties on the horizon. The private bank maintains a moderate overweighted position in equity. Ben Steinebach, ABN AMRO MeesPierson`s Head of Investment Strategy, explains. `Back...