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UBS overweight on China for value and India for growth

UBS continues to caution investors about the volatility hitting Asia ex-Japan (AeJ) equities by adjusting its outlook to remain neutral or negative relative to the MSCI AeJ, with the exception of China and India. Positive on the two AeJ giants Overweight China in “new economy” equities; overweight India in banks, energy and mining equities; underweight South Korea and Taiwan equities “Despite…

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