Today news
About the same in other media
Global fund managers build first UK equities overweight position in three years
Reading now: 957
According to the Bank of America Global Fund Manager survey, the allocation to UK equities jumped by ten percentage points month-on-month in September to a net 2% overweight. This has coincided with a move towards defensive assets such as utilities and staples. Investors' overweight to utilities is the highest since December 2008 at a net 8%, with a significant shift from global cyclicals to bond sensitive assets. Economic 'boom' expectations spike as equity bets jump to highest level in two years Investors have also moved into Eurozone stocks and financials and out of tech an...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Savvides set to change name of Whitmore's UK Special Sits fund as he assumes control investmentweek.co.uk /1 month ago
Hybrid car sales surge amid global policy push economictimes.indiatimes.com /1 month ago
abrdn red flags 12 equity funds for underperformance investmentweek.co.uk /1 month ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
