Cash Lures Bear, J.P. Morgan as Rates Rise Amid Stocks' Rally (Bloomberg.com)

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Cash Lures Bear, J.P. Morgan as Rates Rise Amid Stocks' Rally (Bloomberg.com)

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Cash Lures Bear, J.P. Morgan as Rates Rise Amid Stocks' Rally (Bloomberg.com)

by NewsReader 11-13-2006

Nov. 13 (Bloomberg) -- Charles de Vaulx, who manages $11 billion at the First Eagle Overseas Fund in New York, has increased his proportion of cash to 25 percent from 18 percent since midyear because he can't find anything to buy.

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