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Sovereigns raising exposure to alts, EMs

An expected US interest rate rise is leading sovereign wealth funds and central banks to diversify from fixed income into higher-yielding assets, indicates a State Street survey
Sovereigns raising exposure to alts, EMs

Sovereign investors are seeking to raise their exposure to emerging markets, alternatives and public equities in the coming years in preparation for an expected US interest rate hike, indicates a survey of official institutions by State Street.

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