China is rapidly losing its place as a must-have in global portfolios
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Top US pension funds' China exposure is slumping.
YEARS of harrowing losses have left Chinese stocks with a diminished standing in global portfolios, a trend that’s likely to accelerate as some of the world’s biggest funds distance themselves from the risk-ridden market. An analysis of filings by 14 US pension funds with investments in Chinese stocks show most…
An analysis of filings by 14 US pension funds with investments in Chinese stocks show most of them have reduced their holdings since 2020.
Some 41% of central banks that participated in the Official Monetary and Financial Institutions Forum (OMFIF) study said they expect to have an operational…