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Markets overreacting to China, says OMGI

A roller coaster ride for Chinese equities in June, and a sudden devaluation of the yuan have many worried about the asset class. Old Mutual Global Investors (OMGI) however, tells Asian Private Banker that markets may be overreacting, with such turbulence merely a function of an evolving economy. “Markets have been a little over-dramatic about Chinese equities and have perhaps over-interpreted the recent movements,”…

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