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LGT PB plays ‘barbell’ by increasing equities and gold

LGT Private Banking is now advising clients to take on a barbell investment approach by increasing both equities and gold exposure at the expense of cash. Macroeconomic indicators are beginning to stabilise further, the bank pointed out, adding that market participants expect further relaxation on the geopolitical front. However, risks around growth outlooks and geopolitical events remain. “Despite possible progress…

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