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BoA Merrill June funds survey: confidence waning

Investors’ belief in global economic growth and the ability of corporations to improve profits has significantly eroded, according to the BoA Merrill Lynch Survey of Fund Managers for June. The global survey can be viewed here, the survey for Europe/other regions here, and the global emerging markets survey here. The survey, conducted as global equities fell by 7.5%, shows only…

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