MarketWatch (December 28)
2018/ 12/ 28 by jd in Global News
“The market’s post-Christmas climb appeared to come from nowhere in holiday-thinned trading, leading some to point the finger at pension funds who need to tweak their portfolios before the end of every month and every quarter. Pension funds need periodic readjustment as outperformance or underperformance in one corner of the pension fund’s assets can put its allocation out-of-kilter with its target weighting.”
Tags: Allocation, Christmas, Climb, Market, Pension funds, Portfolios, Readjustment, Target weighting, Thin trading, Tweak