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Coutts overweight on equities and high yield bonds

Despite recent market volatility, Coutts sees “reasons to be cheerful” due to a divergence between economic indicators, which remain positive, and investor sentiment; this has led the British wealth manager to make overweight calls on equities and high yield bonds. “Markets are seeing the glass as half empty,” says a Coutts report which highlights the latest drop in oil prices due…

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