Fund Managers Have ‘Tapered’ Their Extreme EM Underweight Sentiment – ValueWalk Premium
Fund Managers

Fund Managers Have ‘Tapered’ Their Extreme EM Underweight Sentiment

The smart money allocated more money to emerging markets last month as investor sentiment turned against EM stocks, though fund managers are still underweight on them overall, and even though a majority of fund managers think equities are currently overvalued they have increased their long positions. The biggest reductions were in UK and Eurozone allocations, with modest a modest pull away from Japan. Even though some high-profile . . .

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