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    Davy Stockbrokers Shifts Focus to Latin America

    1 week ago

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    Davy Stockbrokers has reduced its European equity exposure, citing concerns over Europe's vulnerability to energy crises. The firm is now focusing on Latin American emerging markets due to a narrowing valuation gap with the US. Additionally, Davy has stopped hedging against a decline in the US dollar and removed its position in Asian high-yield bonds amid rising energy prices.
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