JPMorgan says rebalancing could mean $300 billion exits stocks
The strong equity performance so far this month means large investors like balanced mutual funds may need to shift money into bonds before year-end
Rebalancing flows may lead to an exodus of around $300 billion from global stocks by the end of the year, according to JPMorgan Chase & Co.
Large multi-asset investors may need to rotate money into bonds from stocks after strong equity performance so far this month, strategists led by Ni
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