15.04.2009 - Fund managers optimistic about economic outlook
From Investorsoffshore.com: Investors are at their most optimistic about the global economy since December 2005, according to the Merrill Lynch Survey of Fund Managers for March. However, the prolonged banking crisis seems to be stopping them from putting cash into equities. For the first time in more than three years, investors do not predict lower global economic growth over the next 12 months. Renewed optimism about China's economy lies at the heart of this revival. Just two months ago, a net 70% of respondents thought China's economy would worsen in the year ahead. That figure fell to a net 1% this month......Full Article: Source
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