SSgA readjusts in risk-on move

Jan 22, 2013

The $2 trillion house bolsters equities exposure amid ongoing monetary easing, raising allocation to emerging markets, which it expects to drive a global economic recovery.

State Street Global Advisors (SSgA) has made a tactical reallocation to equities, most notably in Europe, on the understanding that accommodative monetary policy will continue to underpin the market.

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