SINGAPORE (May 28): The Tantallon India Fund closed up +3.20% in April, after expenses. The headlines remain feverish: from hand-wringing on US dollar strength (or not) to the mind-numbing rhetoric across every conceivable media platform on protectionism, retaliatory tariffs, customs unions, energy prices, non-trade sanctions on corporations/individuals and potential peace treaties, to the hypersensitivity in equity, fixed income and currency markets to data that might (or not) reinforce views on the “gradual” tightening of monetary policy globally.

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