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UOBAM 'neutral' on four asset classes in Q3

It is not bearish on global economy but says a more cautious investment approach is necessary given increased uncertainties
Tuesday, July 7, 2015 - 05:50
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The fund manager said the rally in Chinese equities is more supported by liquidity than fundamentals.

Singapore

UOB ASSET Management has a "neutral" position on all four major asset classes for the third quarter: equities, fixed income, commodities, and cash.

It said in a report on Monday: "While we are not bearish on the global macro environment, we view the increase in