US pension funds may pour US$400 billion into stocks, lifting virus-hit markets -JP Morgan
newsare.net
U.S. pension funds that delayed rebalancing their portfolios are likely to pump about US$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.US pension funds may pour US$400 billion into stocks, lifting virus-hit markets -JP Morgan
U.S. pension funds that delayed rebalancing their portfolios are likely to pump about US$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. Read more