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Permal ups long exposure in Japan, China, wary of EM

Yvonne Chan
The $24 billion fund of hedge funds firm is optimistic on Japan and China, and favours emerging market debt over EM equity, says its chief executive.
Permal ups long exposure in Japan, China, wary of EM

UK fund of hedge funds firm Permal has increased long exposure to Japan and China while keeping a cautious stance on emerging market equities as market sentiment adjusts to changing macro conditions.

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