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A less aggressive bear: BoA Merrill issues July fund managers survey

Bank of America Merrill Lynch has issued its July survey of fund managers, comprising a global survey, a Europe/other regions survey, and a survey of global emerging markets. The survey shows a net 5% of respondents predicting that the global economy will improve in the next year. This represents a modest turnaround from July when a net 12% of respondents…

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