Asia instos drop stocks for US fixed income in Q3
The region’s ex-Japan institutional investors bought into securitisation funds and US corporate bonds while cutting stock holdings, according to the latest data from eVestment.
Institutional investors based in Asia were sizeable sellers of US and global active equities during the three months to the end of September, while opting to shift more assets into US fixed income funds, according to the latest data from data provider eVestment released on Tuesday (November 24).
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