counter Willy Packer’s $2 billion investment fund sells down in the US, reweights to ‘cheaper and safer’ Asia – Forsething

Willy Packer’s $2 billion investment fund sells down in the US, reweights to ‘cheaper and safer’ Asia

The fund manager’s persistent concerns about overvalued US stock markets and the country’s soaring budget deficit are now being exacerbated by fears of a ‘painful’ trade reversal.

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