Money Managers to Sell $50B in Equities for End-of-Quarter Rebalancing This Week

Money managers are expected to sell down about $50 billion of equities exposure as part of end-of-quarter rebalancing this week. This activity, often referred to as 'window dressing,' is typical at the end of Q2 and is not driven by JP Morgan's hedged equity fund but by broader market rebalancing needs.