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Commodities Briefing - Categorized | Fund Profile, Market Moves more

Fund managers have capitulated on commodities: Bank of America

Posted on 17 April 2013

The S&P 500 hit a record high in April, but that hasn’t driven professional money managers to new optimism on equity markets overall. According to the latest fund manager survey from Bank of America, they are tempering their enthusiasm for stocks – and have given up on commodities.
“Global investors are moderating their earlier exuberance in the face of somewhat lower conviction over global growth, though they remain positive towards equity markets overall,” Bank of America said in a release…………………………………….Full Article: Source


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