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المشهد العربي
Asset managers cut UK bond holdings
Large asset management entities, such as Invesco, Harbourvest, and Ninety One UK, paused their increases in UK government bond investments during the first half of the year due to rising concerns over inflation and political uncertainty in the United Kingdom. Data showed that the proportion of UK government bonds in fund portfolios decreased to 15% in June, down from 25% in December, as expectations of interest rate cuts by the Bank of England waned, and bonds became more attractive in alternative markets like the US, Germany, and Japan.
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