Allspring Officials Cautious On Risky Assets Heading Into H2
The multi-asset team at Allspring Global Investments, an independent asset manager with around USD540 billion in assets under management, is taking a more cautious approach to asset allocation in equities and high-yield bonds with the expectations that they will be under further pressure in the short term. This comes as the team assesses the impact the latest inflation report will have across assets.
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