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WMs are unlocking cyclical opportunities for Asian clients

Wealth and money managers in Asia are advising clients to diversify growth-heavy portfolios into more cyclical positions, since stocks that have lagged behind are likely to have a tactical catch up. Growth stocks significantly outperformed their value peers in 2020, with COVID-19 accelerating trends in technology stocks and with financial repression and rate cuts favouring growth sectors. However, positive news regarding…

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