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Widening spreads drive “decent” inflows into Asia and China high yield: Fidelity

Despite turmoil in the China high yield market, Fidelity International has seen “decent” inflows into the asset class year-to-date from its private banking clients. “The absolute bulk of the incremental inflows into the Asian and China bonds market, especially the riskier or sub-investment grade parts, have come from the private banking channels,” Johann Santer, head of private banking business, Asia…

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