China A-share addition candidates have outperformed their corresponding H-shares by 1.5% since yesterday Carlo Ramirez Managing Director Head of Macro Equity & Global Alpha, Asia Bank of America Merrill Lynch 55/F, Cheuno Kona Center 2 ueen's Road Central, Hong Kong The power of global connections•" Global Equities

anger for risk parity funds as bond/equity correlation swings positive. 4 EFTA_R1_00106915 EFTA01785103 Greg Kaldor Managing Director US MEGA (Macro Equity & Global Alpha) Bank of America Merrill Lynch This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged

54284 =p class="MsoNormal">Greg Kaldor=span style="font-size:10.0pt;font-family:"Verdana","sans-=erif";color:#948671"> Managing Director Us MEGA (Macro Equity & Global Alpha) Bank of America Merrill L nch T+ B/Berry This message, and any attachments, is for the intended rec=pient(s) only, may contain information that

ty Custom Basket" This chart is a danger for risk parity funds as bond/equity correlation swings positive. Greg Kaldor Managing Director US MEGA (Macro Equity & Global Alpha) Bank of America Merrill Lynch This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged