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UBS reveals June APAC house views

UBS Wealth Management has revealed its key Asia Pacific investment ideas for June, with the private bank noting its underweight allocation towards Asian investment-grade (IG) bonds versus its overweight position on emerging market (EM) corporate bonds. “Asia ex-Japan equities have weathered the selloff in global commodities and the deceleration in high frequency economic indicators to rise 18% this year, one…

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