Thursday 15 October 2009

October Fund Managers Survey

The latest Bank of America Merrill Lynch fund managers survey, published Wednesday (Oct 14th), saw a move away from cash [currently net 7 percent of respondents underweight from net 10 percent overweight in September] into equity markets [currently net 38 percent overweight, from net 27 percent].

Eurozone equities were liked, UK equities were not, and Japan was least liked for the year ahead.

http://www.ft.com/cms/s/0/5dcd2a42-b8b6-11de-809b-00144feab49a.html

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