JPMorgan Says Stocks to Suffer $150 Billion Rebalancing Sale

Sharing is Caring!
  • JPMorgan Chase & Co. projects real-money portfolios, including those of sovereign wealth and pension funds, will tilt back in favor of bonds to meet allocation targets, in the largest rebalancing flows to the asset class since the fourth quarter of 2021.
  • Japan’s $1.5 trillion Government Pension Investment Fund or GPIF, the world’s largest pension fund, would have to sell $37 billion of equities to get back to its target asset allocation, according to JPMorgan’s calculations. The $1.3 trillion Norwegian oil fund could move $18 billion from stocks to bonds, while the Swiss National Bank could sell $11 billion worth of stocks.
See also  Kamala Harris ended $20 million in debt This was a campaign that raised over $1 billion
See also  Soros lost nearly $1 billion after Trump election in 2016

finance.yahoo.com/news/jpmorgan-says-stocks-suffer-150-161230891.html

 

h/t scott_jr


Views: 63

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.