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المشهد العربي
Global pension funds reduce US stock holdings
Investor concerns about market valuations and the focus on artificial intelligence company stocks have led several large global pension funds to cut their investments in American equities. These funds include the Australian Retirement Trust with assets totaling $260 billion, the Canadian La Caisse fund valued at $388 billion, and the British People’s Pension with assets of 45 billion pounds. A survey of 430 investment institutions managing over $5 trillion revealed that one-third plan to reduce their holdings of U.S. stocks over the coming year, a figure higher than last year. This could lead to a reallocation of capital toward alternative markets and assets due to fears of a potential collapse of major tech stocks linked to artificial intelligence, which now comprise more than a third of the S&P 500 index.
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