UBS sees U.S. pensions adding stocks, selling bonds in Q3

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UBS sees U.S. pensions adding stocks, selling bonds in Q3

UBS sees U.S. pensions adding stocks, selling bonds in Q3
NEW YORK, Sept 25 (Reuters) - U.S. pensions may add $21 billion to $26 billion in stocks and sell $19 billion to $24 billion in bonds in the third quarter as they seek to rebalance their portfolios as the stock market has fared poorly in the quarter, according to UBS analysts.

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