Investors: Be alert, but not alarmed, over swine flu

By Rita Raagas De Ramos | 4 May 2009
Keywords: swine flu
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Fund managers and analysts are generally calm about the potential impact of swine flu on the world's economy and financial markets.

The number of confirmed cases of swine flu more than doubled over the weekend, with the World Health Organization (WHO) reporting 898 people in 18 countries infected with the influenza type A H1N1 virus by yesterday. Although swine flu has already caused jitters in financial markets worldwide, fund managers and analysts are taking things in stride and are urging investors not to overreact.

The WHO says the sudden rise in the number of cases was largely due to ongoing testing of a backlog of specimens in Mexico, rather than actual new cases of people getting ...

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