Survey: Fund Managers Now Overweight on Emerging Market Equities (Live Mint)
According to Live Mint, the latest Bank of America Merrill Lynch survey of global fund managers for June shows a net overweight for emerging market equities for the first time since November. Fund managers are also by far the most overweight on India among global emerging markets and that overweight has increased substantially in June as well.
To read the whole article, Emerging market equities a contrarian buy: global fund managers’ survey, go to the website of Live Mint.
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