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Amundi’s global equity head still shunning Asia

Joe Marsh
China sceptic Nick Melhuish remains wary of Asian stocks because he sees the region as particularly vulnerable to trade-related macro uncertainties.
Amundi’s global equity head still shunning Asia

Fund management giant Amundi has been heavily underweight Asian stocks in its London-based global equity fund since Nick Melhuish joined in mid-2013, and he sees no reason for that allocation to change yet.

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