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The rising tensions over global trade policies and tariffs are prompting some top-performing international fund managers to look for the companies that can emerge as winners. Fund managers from firms including AllianceBernstein, Causeway Capital Management and Janus Henderson are adding to positions in companies ranging from Italy's largest bank to China's largest e-commerce company, all in hopes of avoiding the fallout from a global trade war.Sammy Suzuki, a co-portfolio manager of the $77 million AB International Strategic Core fund, said that the threat of technological disruption in some markets was just as pressing a concern for some global companies as the impact of higher tariffs.Shares of the company are up 20 percent for the year to date.Suzuki has also been increasing his position in European luxury goods makers such as Italian apparel company Moncler SpA and British alcoholic beverage company Diageo PLC.Both of the companies make products that should not be significantly affected by rising global trade costs, he said.
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