Well the market disagrees, as big and small money are exiting on net, that is a big trend change IMO! And MFG seem to be super worried about it too, as otherwise they would not be seemingly playing delaying tactics with bad news. Why would MFG have a higher multiple than competitors when they have a net outflow, and others do not?
And what is unique about MFG holding these mega caps, when nearly every international fund manager has piles of them?
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