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Axa Affin Life ups cash over muddying market outlook

The move is due to nagging trade war concerns and emerging market vulnerabilities, the JV's CFO says. US politics and possible US rate pause, though, give others cause for optimism.
Axa Affin Life ups cash over muddying market outlook

Uncertain financial market and economic growth conditions have prompted Axa Affin Life Insurance to adopt a more defensive investment stance as it approaches 2019, its chief financial officer has said.

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