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AM Heat Map: Two funds dominate US equity fund traffic in Asia

Markets have ripped north 6.5% since Donald Trump’s US election victory and wealth managers have rallied strongly behind US equity optimism. Despite positive sentiment, the US – as the most efficient equity market – does not make life easy for long-only managers. Distributor traffic from Asia shows that the industry is rallying behind a fund from Fidelity and a fund from Franklin…

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