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Wilmington Favors High-Yield Bonds, Emerging Markets
02/03/2010
--Kristen Oliveri
Wilmington Trust is eyeing high-yield junk bonds, coupled with emerging market equities exposure over the next seven years, said Rex Macey, senior v.p. and cio. Macey believes that high-yield bonds can be viewed as being competitive with equities and can also protect a portfolio in the event of a double-dip recession. “If we ...
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