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Wilbur Ross: Trump will up tariffs if China and U.S. fail to make trade deal

Conventional investing wisdom holds that the safest portfolios are highly diversified and spread across a considerable number of assets. But that isn’t stopping plenty of stock pickers from running in the opposite direction.

New York-based Dyal Capital Partners, which owns stakes in private-equity firms including Robert Smith’s Vista Equity Partners, has closed its latest fund on more than $9 billion, according to people familiar with the matt...

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