Dubai debt crisis a 'reality check' - managers

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UK/UNITED ARAB EMIRATES - Fund managers have sought to downplay the potential fallout from the Dubai debt crisis on both their holdings and the global economic recovery.

Aberdeen Asset Management's Brett Diment says the debt standstill of the $3.52bn Nakheel sukuk had not impacted his portfolio. The manager of the £205m (US$338m) Emerging Markets Bond fund says ...

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