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Pictet WM: US, China tensions demand investment diversification

The relationship between the US and China, in the context of trade pacts and geopolitical tensions, is prompting investors to maintain more diversified portfolios to hedge the tail risks, says Pictet Wealth Management. “The risk of competition between the US and China escalating into a damaging confrontation should be of grave concern for markets,” says Dong Chen, senior Asia economist, Pictet…

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