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TouchGrassRedditor t1_jd08qv7 wrote

Reply to comment by [deleted] in [OC] UBS is now the world's 3rd largest asset management firm after acquiring Credit Suisse by giteam

You know that literally every economic sector and every possible risk profile is represented across the trillions that these firms manage, right? Blackrock doesn’t put 100% of its client’s assets into the same stock lmao, it’s small cap, mid cap, large cap, international, and everything else

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