HSBC Global Private Banking (HSBC GPB) believes 2023 will be year of “looking for silver linings” and is overweight on investment-grade bonds across all regions. “Almost all asset classes have repriced substantially since the start of 2022. However, long-term expected returns have improved notably across all asset classes after the broad-based market sell-off in 2022,” according to Fan Cheuk Wan,…
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