Global fund managers move to overweight the nation amid expectations of economic improvement, while investors' love affair with Europe comes to an end, finds a monthly BoA-Merrill Lynch survey.
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 are overweight emerging markets for the first time since November, with India pulling away from the pack, finds Bank of America Merrill Lynch’s latest fund manager survey.