Analyst IMS Increases Stake in AAXJ ETF by $112.7 Million
Analyst IMS Investment Management Services Ltd. increased its position in the iShares MSCI All Country Asia ex Japan ETF (AAXJ) by $112.7 million, making it the fund's fourth-largest holding. The move reflects strong conviction in Asian equities, which have outperformed the S&P 500 by 18 percentage points over the past year.
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Topics: AAXJ ETF IMS Investment Management Services Ltd. Institutional Investment