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From:
CFA Institute Enterprising Investor
(Uncensored)
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Rebalancing’s Hidden Cost: How Predictable Trades Cost Pension Funds Billions
https://blogs.cfainstitute.org/investor/2025/04/10/rebalancings-hidden-cost-how-predictable-trades-cost-pension-funds-billions/
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Rebalancing may help portfolios stay on target, but its predictability comes at a cost.