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AS IF LIFE WASN’T TOUGH ENOUGH
Imagine running a portfolio of southeast Asian banking stocks in Hong Kong and suddenly being unable to have HSBC in the mix because the Chinese, British or US governments outlawed investment in it. Or imagine running a portfolio of Asian consumer stocks as the Singapore government goes on a mad, puritanical rampage and demands The Straits Times Index be stripped of Genting, Thai Beverage, Jardine Matheson and Dairy Farm. Bang go your portfolios, and for no…
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