Institutional Investors Dump US Stocks Move To CashRupert Hargreaves
Institutional investors are buying European and emerging market stocks while selling US equities and holding back some cash, that’s according to Bank of America Merrill Lynch’s latest Global Fund Manager Survey.
The survey, which polled 203 panelists with $593 billion of assets under management between April 6 and April 12 appears to show a cautious mood among institutional investors. The average cash balance and among respondents rose to 4.9% during April from 4.8% in the month before, which is itself significantly above the . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible