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Raise cash position, underweight bonds, says Lombard Odier

Lombard Odier’s chief investment officer for the Asia Pacific region believes that now is the time for investors to pull back on overweight positions in long-duration bonds, and to raise cash positions, given a slowdown in US jobs creation. Jean-Louis Nakamura, CIO APAC, does not expect that the Federal Open Market Committee (FOMC) will act this summer; however, should a…

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