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AMs set sights on Fed hike opportunities

Asia Pacific asset managers (APAC AMs) are adjusting asset allocations, upgrading capabilities and hunting for acquisitions to “better catch the new wave of opportunities in the first year of a rising interest rate environment”, says State Street. Nearly two-thirds, or 62%, of APAC respondents say they will expand their offering of fixed income alternative strategies to meet heightened investor demand, notes…

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