Hedge fund managers are increasing their exposure to European stocks, as anticipation of a U.S. interest rate increase grows. Positive investment sentiment towards Europe is growing in the wake of the recently announced ECB stimulus program, according to a BofA Merrill Lynch Fund Manager Study. Fund managers’ expectations for interest rates The study, which included 202 panelists with a total of $556 billion in assets under management, finds that fund managers expect to see a bifurcated market between U.S. and European stocks. Real rates in Europe are expected to remain low, while U.S. rates are expected to risk, with the…
Study Shows Fund Managers Anticipating Rate Rise, EU QE
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.