(Bloomberg) -- Investors should buy stocks worldwide
following last week's market sell-off, and add to holdings of
U.S. mortgage-backed bonds, according to strategists at HSBC
Holdings Plc.
A team in charge of asset allocation strategy raised their
recommended holding of global stocks to 67.6 percent of total
assets, according to report sent to clients today. That's up from
a previous 60.1 percent, or a ``benchmark'' position.
Read more at Bloomberg Stocks News
following last week's market sell-off, and add to holdings of
U.S. mortgage-backed bonds, according to strategists at HSBC
Holdings Plc.
A team in charge of asset allocation strategy raised their
recommended holding of global stocks to 67.6 percent of total
assets, according to report sent to clients today. That's up from
a previous 60.1 percent, or a ``benchmark'' position.
Read more at Bloomberg Stocks News
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