Global investors have reduced their investments in equities in February, and many of them believe that the markets began to underestimate the risks of upcoming elections in Europe, against the background of the recent rapid rally.
Monthly poll by Reuters of asset allocation, which was attended by 48 fund managers and Directors on investments in Europe, the US, UK and Japan, showed that the total investments in equities on a global balanced portfolio decreased slightly to 45.5 percent form the portfolio in February, against 45,8 percent in January.
The share of bonds rose to 40.3 percent from 39.9 percent in January, according to the survey.
Most of the participants expressed their concerns about the upcoming elections in Europe, especially in France.
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