US Investors could shed up to $500bn of US large-cap holdings

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US - Institutional investors in the US could move some US$300bn to $500bn from US large-cap strategies in the next three to five years, a survey by Bank of America Merrill Lynch showed.

In his report, BofA Merrill Lynch research analyst John Haugh said 39% of the 111 pension funds, endowments and foundations surveyed said they planned to reduce their allocations to large-cap US eq...

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