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Singapore family office cuts emerging Asia exposure

Padraic Convery
KMXK Investment cites short-term macro risks as drivers of cautious stance as it remains bullish on region in the long run.
Singapore family office cuts emerging Asia exposure

Singapore-headquartered single-family office KMXK Investment has turned bearish on emerging Asia, slashing its allocation from what its portfolio manager, Qihang Tan, describes as a “model allocation” of around 30% to less than 5% of its portfolio.

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