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Citi Private Bank: Overweight cash, underweight fixed income and equities “for first time”

Citi Private Bank is “for the first time” overweight cash and “slightly” underweight fixed income and equities, but points out that opportunities will arise amidst unpredictability and potential risks on the grounds that uncertainty will remain the dominant factor affecting global markets in 2017. “While we’ve taken a small step back from risk taking on the new policy uncertainties, we still see…

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