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Citi PB to add global equity exposure

Citi Private Bank’s global chief investment strategist tells APB Mandate that the American bank is looking to increase allocations to international equities, which offer better returns than the lender’s home market. “Economic activity is accelerating outside the US, such as Japan, China and Europe,” says Steven Wieting, global chief investment strategist at Citi Private Bank. Economic data in Europe and…

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