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DBS launches three-year fixed income fund with BlackRock

DBS Bank has launched a three-year bond fund managed by BlackRock, which it believes is an attractive alternative for clients sitting in cash or money market funds. The DBS CIO Target Maturity Fund 2027 comprises more than 50 high-conviction investment grade corporate bonds and low-risk government bonds. The fund is managed by BlackRock to leverage the asset manager’s expertise in…

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