Wealth and Asset Management
Private banks 'neutral' on equities amid turmoil, but favour Asia ex-Japan stocks
PRIVATE banks have dialled down equity weightings to "neutral" at best, from "overweight" at the start of 2022, as escalating oil prices dim the outlook for global growth and raise fears of stagflation. Strategists have also recommended a slew of hedges – such as energy stocks and gold – against…
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Click here to read the full story: The Business Times