Sectors: Technology
Hi guys, how will the new S&P fund rule system affect larger companies? Essentially, I hold a decent position in the Nasdaq, will Nvidia, apple and Microsoft get sold off to meet new rules? From what I can make out, it’ll be out of one pocket into another, so the overall value will stay the same in the fund, and the Nasdaq overall. Is it limiting the 3 largest companies to 50% cap combined? If passive funds will now be capped, what do you think the portion is between active and passive institutional ownership is in the larger companies? For example 45% shares owned by passive / tracking funds, 30% active institutions and 25% private retail?
Regards,
Simon
Hi Team
GOOGL has been sold off hard on ongoing anti trust concerns etc. and is now trading well below it’s 200 day moving average. I know this is on the MM hit list for the international equities portfolio so do you guys see this as a buying opportunity, or are there real concerns with pending DoJ actions?
If you are still keen, where would your buy entry be?
Thanks
Alex
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