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Private banks warn of more volatility ahead as Russia-Ukraine tensions escalate

Photo by Delfino Barboza on Unsplash

Private bank CIOs in the region have warned that escalating geopolitical tensions between Russia and Ukraine could prompt more volatility in assets such as equities and commodities, while alternatives and emerging markets could prove to be a safe haven. Concerns that Russia could invade its neighbour have resulted in recent losses for global equity markets, with Wall Street’s S&P 500…

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