In April, after the markets chaos that adopted ‘Liberation Day’, Mads Gosvig, who heads asset allocation on the UK’s Railpen pension fund, requested his group to evaluate the case for an rising markets premium on US property.
Gosvig’s intention was to impress dialogue, he says. However the job mirrored a real disquiet, matched at different pension and sovereign wealth funds, in regards to the behaviour of US investments.
Asset homeowners are asking whether or not they need to name time on so-called US exceptionalism – the
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