U.S. pension funds may pour $400 bln into stocks, lifting virus-hit markets -JP Morgan
30 Mar U.S. pension funds may pour $400 bln into stocks, lifting virus-hit markets -JP Morgan
Posted at 23:00h
in
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by KMFSLLP
U.S. pension funds that
delayed rebalancing their portfolios are likely to pump about
$400 billion into stocks over the next two quarters, analysts at
JP Morgan said, providing a potential boost to equity markets
battered by the coronavirus pandemic.
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