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As markets run red, look to Japan: Cédric Le Berre of UBP

Cedric Le Berre, Union Bancaire Privee

With investors jittery about extended valuations of risk assets selling down on speculation that the US Federal Reserve will raise rates, Union Bancaire Privée (UBP) believes Japan could come to the rescue when it comes to finding that elusive alpha. “Earnings of Japanese corporates deliver the highest beta to changes in local nominal GDP growth of any of the major…

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