After a bad January-through-June spell, CFRA’s Stovall says, markets usually improve by year-end.
Norway’s central bank also makes adjustments to the Government Pension Fund Global’s investment exclusion list.
China’s drawbacks are prompting some hard thinking among American institutions, but the country’s allure remains potent.
The $442 billion pension fund is shifting money out of public equity and into private equity and other alts.