HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks.
HSBC Private Bank Cuts India Stocks, Adds Gold on Iran War Risks
HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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