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Fund that made money on Treasuries says rally is about to end

Mr Ferres favours emerging market currencies and equities which will benefit from improving global growth.


PRUDENTIAL Plc's Asian asset management unit, which profited from the rebound in 30-year Treasuries last month, has taken its money off the table with the view that the three-week rally in US government debt is coming to an end.

Nicholas Ferres, who oversees multi-asset...

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