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Deutsche Bank WM ups bond exposure, favours Asia HY and US IG

Deutsche Bank Wealth Management has recently increased allocations to fixed income and trimmed equity exposure. “With the strong rally in equities since the start of the year, we now advise clients to tactically reduce their equity exposures,” Tuan Huynh, CIO, emerging markets at Deutsche Bank Wealth Management, told Asian Private Banker. “On the other hand, we think fixed income investment…

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