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Boutique outperformer sees ‘unwarranted’ discount in Vontobel bonds

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Geneva-based RAM Active Investments believes increased dispersion in credit markets has provided it with interesting opportunities. As part of this, according to its latest outlook, it has bought a bond from Vontobel. ‘Vontobel offers good potential for outperformance in the medium term on a relative basis,’ RAM’s credit team told…

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