Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
The Magnificent Seven tech giants will continue to dominate the index, critics say.
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.
Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.
Lawsuit alleges hiding cost overruns at Disney+ was a ‘motivating factor’ behind the media giant’s 2020 reorganization.
Over the past three decades, reliance on a handful of big stocks (like we have now) does not end well, according to the CFRA strategist.
Caroline Lovelace succeeds the company’s founder, Floyd Tyler Jr., who passed away in January.
Even though the stock market took a nasty fall, companies eagerly paid for their own shares.
The pension giant also excluded two firms for ‘serious violations of individuals’ rights’ in Myanmar.
But when portfolios are not cap-weighted, green-oriented investments do better, the firm finds.
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.