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HSBC PB adds exposure to EM equities

HSBC Private Banking has added exposure to Latin America equities, as internal and external headwinds affecting the emerging market begin to subside. “Although [the increased allocation to Latin America equities] adds to the overall risk exposure, the move is principally motivated by local factors,” said Patrick Ho, chief market strategist, North Asia at HSBC PB. “With the new government in…

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