Aug
16
Fund Managers Are Crying Out for Governments and Businesses to Invest
ByBank of America’s survey of fund managers highlights an urgent request from investors.
Photographer: Luke Sharrett/Bloomberg
Fund managers are begging for someone — anyone — to increase investment spending.
That’s the primary takeaway from Bank of America Merrill Lynch’s monthly survey of money managers.
A net 48 percent of investors surveyed thought fiscal policy was too tight around the world (that’s a record proportion who espouse that view), while 56 percent said they wanted companies to boost capital spending — a rise of 10 percentage points over the past four months…
Fund Managers Are Crying Out for Governments and Businesses to Invest
