One out of every three fund managers is likely to bear down in the next 12 months

New delhi date. August 20, 2019, Monday

In a survey conducted by Bank of America Merrill Lynch, one in three global fund managers feared a recession in the next 6 months. Of the fund managers surveyed by Bank of America Merrill Lynch, 3% said they were likely to slow down in the next six months. The highest probability of the recession was expressed on October 9.

The survey was conducted between August 1 and August 5 of the five panelists with $ 4 billion in assets under management.

Fifty percent of fund managers expressed the view that corporates have excessive leverage and should take steps to improve their balance sheets. Most companies, rather than capex or buyback, should use cash to improve their balance sheets, the survey noted.

The survey also found the trade war to be the biggest threat to the global economy. 5% of fund managers described trade war as the biggest risk. Of the last 3 surveys, the risk of the trade war remains at the top. Concerns related to the trade war have increased by 5 percent.

Eurozone Debt, China's Growth Rate, Trade War 2 - has been a major concern for investors.