The World’s Biggest Wealth Fund Can’t Keep Up With the Surging Stock Market – Bloomberg

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Bloomberg

The World’s Biggest Wealth Fund Can’t Keep Up With the Surging Stock Market
Bloomberg
“Institutional investors with strict allocation targets, such as balanced mutual funds and SWFs such as the Norges Bank, were likely sellers of equities as the strong equity market performance forced them to rebalance to prevent their equity weighting

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