Global fund managers don’t see an equity pullback in 2018 and expect the bull market to continue into 2019 according to Bank of America’s latest Global Fund Manager Survey.
The survey, which the bank conducts on a regular basis to gauge the sentiment of fund managers around the world, quizzed 213 panelists with $591 billion in assets under management on their outlook for the markets in the year ahead.
[klarman]
Global Fund Managers are Long and Unhedged
Broadly speaking, managers are highly bullish. Cash levels declined to 4.4% from 4.7% as reported in the last survey and...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
