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But Arjuna Mahendran, head of investment strategy for Asia at HSBC Private Bank, said that while diversification into the renminbi was now "opportune and appropriate" for clients whose portfolios were overweight dollars, euros and sterling, that might not apply to clients holding assets denominated in Asian currencies, as those are expected to appreciate against the renminbi.
Why is it that central banks so heavily overweight dollars in their reserves?
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As production was inexact, many planchets intended for silver dollars were overweight.
And given the overweighting of the dollar in their current portfolios, central banks and private investors alike seem likely to switch some of their dollar assets into euros.There is a further incentive for them to do so: returns on dollar assets are likely to be much lower than in recent years.
The direct costs of overweight and obesity in Canada equaled six billion Canadian dollars in 2006, representing 4.1% of total health care expenditures [ 5].
Fines range from $150 for simple violations, like minor brake problems, to thousands of dollars and possible jail time for seriously overweight trucks.
Moreover, if the F.D.A. approves the lap band for people who are only 30 or 40 pounds overweight, taxpayers may soon be paying billions of Medicare dollars for these procedures, and for fixing the potential complications.
Four of our fund managers, for example, are underweight in dollar-denominated bonds, while four others are overweight.
Deutsche Bank, Lehman Brothers, and UBS all raised their price target by a dollar, and all have a "buy" or "overweight" rating on the stock.
A greasy, smelly overweight mammy with fake hair purchased me with your tax dollars.
About one-third of American adults are obese and another third overweight, so a successful diet drug could garner sales of billions of dollars a year.
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