The markets largely shrugged off the decision by the US Federal Reserve to cut its benchmark interest rate yesterday by 50bp.
![](https://s34456.pcdn.co/wp-content/uploads/2023/10/Federal-Reserve-640x360.jpg.optimal.jpg)
The markets largely shrugged off the decision by the US Federal Reserve to cut its benchmark interest rate yesterday by 50bp.
Clarabelle Ho has been appointed head of intermediary clients Asia at the $258bn Swiss investment firm.
However, outflows stabilised in the first quarter of 2024.
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Part of the Mark Allen Group.