Raise cash position, underweight bonds, says Lombard Odier

10 June 2016 | 1 minute read

Lombard Odier’s chief investment officer for the Asia Pacific region believes that now is the time for investors to pull back on overweight positions in long-duration bonds, and to raise cash positions, given a slowdown in US jobs creation. Jean-Louis Nakamura, CIO APAC, does not expect that the Federal Open Market Committee (FOMC) will act this summer; however, should a…

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