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Asian HY bond fund demand returns as cash is being deployed: BlackRock

The demand for Asian high yield (HY) bond funds from private banking investors in the region has returned after the sell-off earlier in March, as HNWIs have been gradually putting cash to use, according to Neeraj Seth, head of Asian credit at BlackRock. “We did see some outflows driven by the market sell-off in March, as clients were trying to…

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