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Asian HNWIs shun traditional equity alpha for tangible macro ideas

Major indices in the world continue roaring upwards on the back of strong economic data and the promise of future earnings growth, but equity fund appetite amongst Asian HNWIs has been largely limited to “simple and sexy” tangible macro ideas, shunning traditional alpha-chasing in single country or regional benchmarks. “After recent equity market volatility and the series of unexpected outcomes that…

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