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BoS: Hedge ‘Frexit’ now

The likelihood of a ‘Frexit’ scenario may small but, even so, now is the time to hedge political risks, says Bank of Singapore. “Historical precedence reveals that market volatility rises before the actual political event,” says James Cheo, investment strategist, Bank of Singapore, in the private bank’s latest strategic note, who advises clients to rebalance portfolios before the unthinkable becomes reality….

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