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Asia's private bankers find first half silver lining in return of credit and resilience of private equity

Asia’s private banks, contending with unfavourable equity markets and looming political uncertainties, have struggled to generate revenue in the first six months of 2016; but there was a silver lining in the form of credit and private equity opportunities. Better Fed directionality triggers fixed income opportunities Heading into 2016, client portfolios were positioned for a Fed rate hike, with investors favouring multi-asset funds…

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