US is most favorable region among fund managers, says BofA Merrill Lynch
Aug 15, 2018
US equities is the top equity region for the first time in five years
The BofA Merrill Lynch August Fund Manager Survey finds the US is the most favorable region for the first time in five years, accompanied by record high investor sentiment around US profits.
Allocation to US equities rose 10 percentage points to 19 percent overweight,