iBankCoin
Joined Nov 11, 2007
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BofA Poll: Investors Turn More Optimistic on Global Growth, Increase Equity Holdings

” Investors have increased their equity holdings and slightly trimmed cash this month as they became more optimistic on global growth in the wake of stronger expectations of ECB intervention, a closely watched fund managers’ survey showed on Tuesday.

Global investors also increased their holdings of real estate to their highest in five and a half years as appetite for risk somewhat picked up, the monthly survey by Bank of America/Merrill Lynch (BofAML) showed.”

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