Global Fund Managers Demand for Equity as Equity Class
Mumbai, Ta. October 17, 2019, Thursday
Global fund managers' attitude towards equities as an asset class has been sluggish in October. Fund managers have an average cash inflow of five percent in October compared to 5.5 in September, according to a Bank of America Merrill Lynch survey.
However, October is far lower than the 9.5 percent level seen in June. If the proportion of cash in hand can be said to be much higher in October, compared to an average of 5.5% in ten years.
The October Global Fund Manager Survey, conducted from October 1 to October 1, was attended by 5 fund managers with total assets under management of $ 2 billion. Of the survey participants, 3% said they were likely to experience a recession in the next six months while 5% did not see anything like it.
According to Bank of America Merrill Lynch, fund managers believe trade wars, weaknesses in monetary policy, bubble in the bond market and credit risk are a concern. Short-term lending rates are expected to rise over the next six months, with 4% of fund managers believing.
If the concerns raised about the Trade War and the Brexit are not taken into account, the market mood may improve.
Comments
Post a Comment