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Prudential Malaysia CIO flags US recession concerns

The Malaysian unit of British insurer Prudential favours local investment-grade bonds as it seeks to insulate the portfolio from medium-term global market uncertainties.
Prudential Malaysia CIO flags US recession concerns

Prudential’s Malaysia operation has pulled back on investment risk, especially in equities, as it gauges the potential outcome of a flattening US yield curve and mounting trade tensions on economic growth prospects.

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