Fund managers rush towards emerging market equities
A post-Covid recovery means that 60% of respondents to the latest BoA Global Fund Manager Survey believe that emerging markets will outperform next year.
![Fund managers rush towards emerging market equities](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fshutterstock_148315964.jpg&c=1&h=677&q=100&v=20245001&w=1204)
The Covid-19 pandemic continues to prey on the minds of fund managers, but it is being offset by hopes around a rapid distribution of newly created vaccines, which are inducing a strong “buy the reopening” trade.
At 30%, the coronavirus remains the biggest tail risk in the December BofA Global Fund Manager Survey released on Tuesday (December 15), but worries about it have fallen 11 percentage points since the November survey.
“2020 was a year utterly dominated by Covid-19 whic…
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