Fifty-two percent of fund managers said that equities will perform best in 2020, followed by commodities and cash, BAML's November survey said.
Global growth optimism jumped the most in 20 years to an 18-month high in the November Global Fund Manager Survey from Bank of America Merrill Lynch. Now, investors are piling back into equities and out of safer assets like bonds and cash to capture new market highs, according to the survey. Fifty-two percent of fund managers surveyed said that equities will be the best-performing asset class in 2020, followed by commodities and cash. Read more on Business Insider.
Global growth optimism jumped the most in 20 years to an 18-month high in the November Global Fund Manager Survey from Bank of America Merrill Lynch. Now, investors are piling back into equities and out of safer assets like bonds and cash to capture new market highs, according to the survey. Fifty-two percent of fund managers surveyed said that equities will be the best-performing asset class in 2020, followed by commodities and cash. Read more on Business Insider.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Private equity investors are zeroing in on financial advice businessThe registered investment advisor industry has attracted the attention of private equity investors, thanks to good growth, high profit margins, consistent cash flow and low capital needs.
Read more »
The biggest risk facing the stock market in the coming year isn’t trade jitters or the election, Deutsche Bank warnsThere’s plenty for investors to get stressed out about in the coming year, and Deutsche Bank chief economist Torsten Slok’s latest list of the top 20 biggest...
Read more »
ZEW investor sentiment poll in Germany vaults to a nearly flat reading in NovemberThe ZEW indicator of economic sentiment for Germany rose to -2.1 in November, a gain of 20.7 points from October. Economists polled by FactSet expected a...
Read more »
Exclusive: Goldman Sachs plans shift from revenue goal at first investor dayMore than two years ago, Goldman Sachs Group Inc told investors it would find $5...
Read more »