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Schroders, Baring avoiding Singapore stocks

Worry of real estate slump and higher interest rates
Fri, Dec 27, 2013 - 6:00 AM

[SINGAPORE] Schroders plc and Baring Asset Management Ltd are avoiding Singapore stocks, the cheapest in South-east Asia, as slower economic growth in the region and cuts to Federal Reserve stimulus drive capital outflows.

The fund managers expect property to lead declines in Singapore...

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