RE:Another wrinkle I believe this is a US fund so would assume no Cdn O&G impact either way.
US side maybe but doubtful any Cdn stocks....unless you heard of a foreign allocation
That said IF there is a transition to US Oil & Gas stocks the trickle down impact should help P/E ratios in the US which could drive some to look north of the border after a reshuffle for better P/E companies
Maybe positive impact down the road but for the most part I think the Blackrock shuffle has no impact on the Cdn market.
Cobalt wrote: That huge momentum fund starts to rebalance after the close, some may have been buying the rumor selling the news into it. Very skittish day /shrug