The latest Merrill Lynch fund manager survey shows that investors are putting their cash to work as optimism about the global economy reaches its highest level since 2003.
Banc of America Securities-Merrill Lynch's Michael Hartnett notes, however, that the rush to take risk is reminiscent of bubble-like behaviour.
However, asset allocators are still underweight equities, indicating they have not fully embraced the idea of a new bull market, says Merrill Lynch.
Investors are fairly positive about prospects of global economic growth, thanks mostly to China, but that's still not reflected in actual investments.
The latest Merrill Lynch survey of fund managers shows that many fund managers are expecting a global recession to persist in the coming year.
Fund managers surveyed by Merrill Lynch are waiting for a further loosening of monetary conditions and the release of third-quarter corporate earnings data.
The survey of fund managers was conducted just before Lehman Brothers filed for bankruptcy. Sentiment is likely to worsen.
The latest Merrill Lynch poll of fund managers reveals investors are pessimistic about corporate earnings projections across all markets.
For the second straight month, global fund managers polled by Merrill Lynch still favour the US over other equities markets.
Rather than fret about the extremely negative sentiment of global fund managers polled by Merrill Lynch, the firm is accentuating the positive and suggesting that it is a sign ...
Merrill Lynch’s monthly survey of fund managers shows investors retreating to cash as expectations for corporate earnings growth plummet, particularly in markets such as China ...
Fund managers are most overweight in emerging markets, the only region where the consensus on corporate earnings-growth expectation is positive.
Merrill Lynch’s monthly poll shows that fund managers expect a stronger Asian economy over the next 12 months amid a US-led global economic slowdown.
Hires signal big push in derivatives business at Merrill Lynch.