Growth stocks rebound, banks are vulnerable, consumer staples rule—all those shibboleths are so last year, the firm’s CIO, John Linehan, says.
Riddle No. 2: Why are energy funds not the king of new investment dollars?
Investment chiefs also said they were bullish on China A shares and expect inflation to peak in the first half of 2022.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
A more united EU, an end to too-expensive FAANG expansion, and lower prices should boost the continent’s returns.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
AUM for world’s largest pensions rise more than 15% in 2017.
Says US fiscal policy will be less expansionary than previously assumed.