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Cash is trash? Goldman Sachs AM says fixed income looks “exciting”

Private banks have struggled to convince U/HNWI clients to stop sitting on high-yield deposit rates, but one of the world’s most influential investment managers believes that could soon change. Goldman Sachs Asset Management (GSAM) believes the bond market presents an attractive opportunity set and sees more inflows going into high-quality fixed income. During a recent visit to Asia, GSAM’s global…

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