Investor confidence in emerging markets and Japan is waning as money flows back into Europe, according to the Bank of America Merrill Lynch Fund Manager Survey.
Investor confidence overall rose in June despite a volatile market and a 2.5% fall in world equities over the survey period. A majority (56%) of global investors believe the world economy will strengthen over the coming year, up from 48% in May. Forty-eight percent of asset allocators are overweight equities, compared with 41% in May.
Register or login for access to this item and much more
All Employee Benefit Adviser content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access