World’s Best-Performing Sovereign Wealth Fund CEO Expects US Stock Returns To Slow
The CEO of New Zealand's $54.4 billion fund, the world's top-performing sovereign wealth fund, expects U.S. stock returns to revert to the mean.
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Why It Matters
A big New Zealand money fund leader thinks US stocks will grow slower soon. He means stocks might go back to their normal, slower speed after doing really well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.