HSBC Private Bank backs inflation hedges
The private bank’s Asia head of investment strategy, Arjuna Mahendran, notes that while inflation at the consumer price level is yet to become a global phenomenon, he is advising clients to build long-term hedges into their portfolios.
Although inflation at the consumer price level is rising in some emerging markets, it has still not become a widespread global phenomenon.
Recent comments by Federal Reserve chairman Ben Bernanke underscore the need for vigilance on the part of G7 central banks to see that their economies do
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