[ad_1]
Envisco Asset Management Study Shows More Than One-Third of SWFs Expect to Reduce Share Exposure Over Next Three Years,
on New York Stock Exchange on June 19 2018
after a strong performance in 2017, The annual report, based on interviews with 126 sovereign investors and central bank reserve managers with assets of $ 17 trillion, concluded that the shares outperformed the bonds to become the largest class of assets in the portfolio with an average of 33% And so on Up 29% in 2017.
Shares weigh heavily on investment portfolios for about half of the funds sovereigns at the moment, but 40% are satisfied with the situation and 35% intend to reduce their exposure to equities in the medium term,
Interviews were conducted from January to March, a typical chapter risky by the volatility of global equities and some investors believe that they are still subject to correction.
Among the main concerns is the possibility of a trade war and geopolitical risks. Both on an absolute and relative basis.
Since March, the United States has intensified trade dispute with China and other major trading partners, pushing global stocks to decline.
Investors fear that hurt the exchange to impose tariffs of exporting countries and hinder global economic growth.
Source link
