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At Times Like This...

…when newspaper headlines are filled with negative stories and thin summer markets are prone to overreaction, we feel it is important to communicate with our clients. The past few weeks have seen significant outflows from high yield bonds funds; a return of European worries in the form of a bank failure and weakening economic data and heightened geopolitical risk. This has manifested itself in falling risk asset prices and a flight to government bonds and gold – traditional safe-havens.

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