Economic News
Newsbrief Archives
Democrat Leadership Twitter and Realtime Feeds
Cabinet twitter and realtime feeds
North America weblog
International weblog
Democrats twitter directory
Latest Government Jobs and Public Tenders
Jobs Matrix
Global Travel Information
Pop Entertainment Forum
Start Portal

Please make a donation to support upkeep of the daily news journal, back archives, twitter feeds and the compendium library.

Majority of funds still positive on stocks: survey

Daily newsbrief journal for April 2013, also see for a global compendium library and follow twitter @usdemocrats

Majority of funds still positive on stocks: survey

Postby admin » Wed May 01, 2013 10:26 pm

Majority of funds still positive on stocks: survey
HONG KONG (MarketWatch) -- A majority of global fund managers continued to favor equities as an asset class in the second quarter, although a few turned less positive on stocks and shifted their attention to bonds and cash, according to the findings of an HSBC survey released Thursday. The survey showed 57% of money managers were still in favor of stocks, down from 75% in the first quarter. None held an underweight view on equities. At the same time, 14% of the respondents turned overweight on bonds and cash, from none in the first quarter. "Emerging markets equities, including Asia equities, continue to be attractive as a result of better fundamentals. However, it is worth noting that some managers have turned cautious due to renewed concerns on the euro-zone debt crisis," said Mike Danby, head of wealth management at HSBC Bank Australia. HSBC said custodians of about 14.9% of global funds under management participated in this quarter's survey.

content portal
geo information portal
Site Admin
Posts: 82092
Joined: Fri Nov 27, 2009 7:00 am

Return to April 2013

Who is online

Users browsing this forum: No registered users and 1 guest