2 days ago
BofA Poll Shows Investors Flock Into Risk Assets at Record Pace
Fund managers are rushing back into risky assets at a record pace on optimism over economic growth and strong corporate profits, according to a monthly survey by Bank of America Corp.
The risk level in investor portfolios is the highest ever on a three-month basis going back to 2001, the bank's survey showed. The poll also pointed to strong increases in allocations to US and European stocks, as well as tech shares.
