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Diversification Trade May Only Just Be Starting: Citi’s Manthey

There are signs that the diversification of equity flows away from the US may only be in its infancy, according to Beata Manthey, strategist at Citigroup. Manthey, who called the European stocks rally in October, says the latest inflows into Europe have offset only 10% of the previous outflows, which occurred when investors took flight after Russia invaded Ukraine. She speaks on Bloomberg Television.

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