The upcoming month-end rebalancing of fixed-weight asset allocation portfolios should help stocks next week, according to a note from JPMorgan.
"As a result, we would expect rebalances by these fixed weight asset allocation portfolios to provide a tailwind to equities next week," JPMorgan said.As investors approach month-end, expect portfolio rebalancing trades to serve as a tailwind for stocks next week, according to a note from JPMorgan. Portfolio rebalance trades occur when an asset class within a portfolio is overweight or underweight its target allocation. Typically, portfolio managers execute the trades to bring to portfolio back to target allocation at either month-end, or quarter-end.
"The monthly rebalance effect is over 5x stronger than the quarterly rebalance effect," JPMorgan said, citing historical data. Therefore, expect the net impact of portfolio rebalance trades headed into month- and September-end to favor stocks.
RevShark some other Morgan guy said the complete opposite last Friday
Invest in forex trading and make over $2000 weekly DM to know more
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »