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India should learn from China’s bond market

India has much to learn from the opening of China’s onshore bond market. Last year, Beijing allowed overseas investors to access local-currency securities via its so-called Bond Connect. On Friday, Bloomberg LP announced the inclusion of Chinese government and policy-bank debt in the Bloomberg Barclays Global Aggregate Index. Over a 20-month period starting in April next year, as many as ...

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Just what Warren Buffett needs, more cash for the pile

For Warren Buffett, when it rains, it pours — money, that is. The billionaire investor is grappling with an excessive cash buildup at his Berkshire Hathaway Inc. and fewer acquisition opportunities to spend it on. The last thing he would seem to need is more cash. So it’s more than a little ironic that as Buffett searches up and down ...

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Britain’s fund managers are in denial about Brexit

With a year to go before Britain leaves the European Union, nervousness about Brexit’s impact on the asset-management industry is growing — and rightly so. The CFA Institute recently surveyed almost a thousand of its members, with most respondents employed by buy-side firms. About a quarter work in the UK, another 25 percent in other European Union countries and the ...

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