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HSBC Wealth sees double-digit 2012 equity returns

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Cheap valuations offer potential for double-digit returns on global equities in 2012, with emerging markets likely to do especially well, the CIO of HSBC's wealth management division said on Monday, adding he had raised equity exposure at the expense of gold. Alec Letchfield, CIO of wealth management at HSBC Global…

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Click here to read the full story: Reuters

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