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Asia wealth clients risk AI letdown as US beta trade runs dry, says Man Group

Wealth clients in Asia hoping to cash in on further artificial intelligence (AI)-led rallies this year could be let down, Nick Wilcox told Asian Private Banker, noting that the recent beta runs might not hold for much longer and warrant more considered, diversified allocations. Wilcox, who is a managing director for discretionary equities at Man Group, noted that he is…

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