This week: J. Safra Sarasin believes EM local currency bonds offer investors the “most interesting” opportunities; UBP continues to favour China’s domestic-oriented sectors; LGT looks to US equities for defensive names; Credit Suisse PB trims risk exposure amid growth uncertainties; and HSBC PB makes different duration calls on credit and govvies. J. Safra Sarasin: “Most interesting” fixed income opportunities lie…

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