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Investors favour China and Japan, exit Indonesia

Steve Price
China has swung back into favour and sentiment has warmed on Japan, but investors have shifted out of Indonesia, finds Bank of America-Merrill Lynch’s fund manager survey.
Investors favour China and Japan, exit Indonesia

Investors’ allocations to equities have risen to their second highest level in 13 years, with China and Japan gaining favour at the expense of the eurozone, according to Bank of America Merrill Lynch’s (BoA-Merrill) July fund manager survey*.

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