Think Asian tech firms. That’s the reasoning of Wellington Management.
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
Market downturn could force some public pensions to sell assets for a loss.
Moody’s forecasts G20 economies’ GDP to contract 0.5% in 2020.
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.