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International equities: Approach with caution

Monday 31st of July 2017

AMP revealed in its latest update that it was moving to a neutral stance after strong returns for the year-to-date.

It recorded a 9.9% return in USD in the year to July 14 in global equities.

But head of investment strategy Greg Fleming said it was time to pull back from being overweight.

“While we are not of the view that the eight-year equity bull market is over, we belie...

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