With growth and inflation expectations notably higher after new US payroll data, investors have cut cash holdings and increased exposure to equities, real estate and alternative investments. Confidence in the global economy also rebounded, up 22 percentage points from October.
BofA Merrill survey: Investors hoard cash as confidence in China wanes
July 28, 2015 by
“Rising risk aversion and stretched cash levels provide a contrarian buy signal for risk assets in Q3,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research.
BofA Merrill Lynch survey finds concerns of overvaluation in both equity and bond markets
April 17, 2015 by
The proportion of global investors saying equity markets are overvalued has reached its highest level since 2000. A net 25 percent of respondents to the global survey say that global equities are currently overvalued, up from a net 23% in March and a net 8% in February. This is still, however, short of the record-high level of a net 42% in 1999.
BofA Merrill Lynch: Investors exuberantly bullish on Europe after promise of ECB action
February 26, 2015 by
Europe’s profit outlook is at its best since 2009, according to panel members. A net 81% of regional specialists see the economy strengthening in the next year. "It is as if there is not a single bear left," said Manish Kabra (photo), European equity and quantitative strategist.
