Freeport-McMoRan
Institutional Rebalancing Amidst Record Metal Prices: Ninety One UK Ltd Trims Stake in Freeport-McMoRan
In a move that highlights the delicate balance between record-breaking commodity prices and operational volatility, Ninety One UK Ltd, a subsidiary of global asset manager Ninety One plc (LON:N91), has reduced its exposure to copper giant Freeport-McMoRan Inc. (NYSE:FCX). According to recent regulatory filings, the firm offloaded 879,