Portfolio positioning in banks and resources are at their highest level in 15 years as a majority of investment stewards at the helm of more than US$500 billion expect growth, and inflation, according to a closely watched barometer of sentiment on Wall Street. The Bank of America SECURITIES (BofA SECURITIES) Fund Manager Survey (FMS) polled 216 investment managers at the…
Positioning in banks, resources at 15 year-high: Wall Street sentiment gauge
