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Jupiter Asset Management's Harry Richards Shuns US Treasuries, Sold Holdings Around May, Sees Better Opportunities in UK and New Zealand Bonds
The London-based manager at the £75.9 billion ($101 billion) firm, who helps run Jupiter’s strategic bond strategy, sold virtually all his Treasuries around May and has little appetite to return. He believes UK and New Zealand bonds offer better opportunities, as those markets may have priced in too much tightening.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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