Fund Giants Put Faith in ‘Trump Put' to Keep Stock Rally Rolling
A cohort of the world's largest asset managers is leaning harder into the rally in risk assets as US stocks push to fresh highs, defying persistent trade and geopolitical tensions.
Firms such as Invesco Ltd., Fidelity International Ltd. and JPMorgan Asset Management are reinforcing bullish bets across technology shares from the US to Asia as well as on emerging-market assets. The high-octane wager is that while President Donald Trump is threatening to disrupt the economic order anew, he will step back from the brink.
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