Emerging Market Sentiment Hits a Five Year Low over China Hard Landing Fears
Fund managers are holding record underweights to the commodities sector, while emerging market sentiment has hit a near five year low, according to the latest Bank of America Merrill Lynch Fund Manager Survey.
The survey, which canvasses 248 global fund managers with assets under management of $708 billion, found extreme bearishness in Emerging Market area which is especially tied to Chinese growth, in addition to fears over U.S. Treasury volatility . . .
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