MIXED-INCOME and multi-asset portfolio managers are turning to more defensive sectors, while reducing equity exposure in anticipation of further rate hikes by the US Federal Reserve, going by a Morningstar report on Nov 4.
MIXED-INCOME and multi-asset portfolio managers are turning to more defensive sectors, while reducing equity exposure in anticipation of further rate hikes by the US Federal Reserve, going by a Morningstar report on Nov 4.