Fund managers are overwhelmingly bearish on the outlook the markets
Fund managers are overwhelmingly bearish on the outlook the markets and prefer cash over low yielding equivalents, that’s the key takeaway from Bank of America Merrill Lynch’s weekly Global Fund Manager Survey. The survey, which was conducted during the first week of September with 208 panellists managing a combined $579 billion, revealed that the respondents’ average cash level increased to 5.5% in September, at the high end of the 4.2% to 5.8% range which has been in place since the 2013 “taper tantrum”. Hedge Funds Q2 letters Hedge funds bearish Alpha has disappeared When asked why they were running such...
This content is exclusively for paying members of Hedge Fund Alpha
Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha Get Started Now with a FREE 7-Day Trial🔻If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat. |
