Investors Adjust As Greece, China, Rate Hike Point To Market Risk: BAML

As a Greek storm approaches, the U.S. Federal Reserve contemplates the date at which it feels safe to formally extract the needle of dependence, and while professional investors might be hearing a bubble pop in China, portfolios are being repositioned in a more noncorrelated stance, according to research from BofA Merrill Lynch. Pragmatic risk management: Record insurance purchased against equity market risk as Greece, China show professional investors The study from BAML’s global research team reveals investor concern regarding a Greek default – note the word “default” and not “exit” was used in the study – was key concern of the 207…