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Each month, the SSGA Investment Solutions Group (ISG) meets to debate and ultimately determine a Tactical Asset Allocation (TAA) to guide near-term investment decisions for client portfolios. Here we report on the team’s most recent discussion
The shift in China’s policies has led to increased political uncertainty over the future of President Xi’s hold on power, resulting in increased policy volatilities. Despite this, the MSCI China index outperformed the S&P 500 in the first week of 2023, and Chinese equities experienced significant volatility due to social-media-driven headlines.