Investors are setting their sights away from the U.K. in their search for less vulnerable markets.
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Where are investors looking after Brexit?Investors are setting their sights away from the U.K. in their search for markets less vulnerable to fallout from Britain's vote to exit the European Union. Amundi SAAmundi sees opportunities in emerging-market rates as Brexit is likely to spur further policy accommodation by central banks, global emerging markets strategist Abbas Ameli-Renani said in a phone interview.Julius Baer Group LtdJulius Baer upgraded emerging-market equities after Britain voted to leave, based on the view that the Fed will postpone rate increases and that central banks stand ready to act to support the economy, chief strategist Christian Gattiker said in an interview.ManagementThe initial market reaction to the U.K. vote provides a good opportunity to enter mainland European equity markets, chief economist Marie Owens Thomsen said in a phone interview.
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