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7 in 10 investors expect global equity correction

Seven out of 10 (71%) investors anticipate a global equity market correction of more than 10% within 18 months.

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Correction fears prompt 1 in 3 wealth managers to up cash

A survey by fund manager Legg Mason has found that a third of wealth managers (32%) say they are holding more cash across clients’ portfolios to protect against a market correction.

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