Investors flee Japan and US for Europe and emerging markets

Aug 18, 2010

Overall, asset managers are increasingly bullish on emerging markets, but more negative on Japan and the US, according to Bank of America Merrill Lynch's fund manager survey.

Bearish sentiment among investors about the outlook for the global economy and corporate earnings has eased, according to the Bank of America Merrill Lynch fund manager survey for August. However, sentiment on Japan and the US has further worsened, while that on China and Europe has rebounded somewhat.

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