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Cash makes up an average 5.3% of fund manager portfolios, the highest level since January 2009,...

Cash makes up an average 5.3% of fund manager portfolios, the highest level since January 2009, finds a BAML survey. "Hopes expressed last month of a (Fed) policy response have now become expectations," says BAML's Michael Hartnett of the worried survey respondents (a majority believe monetary policy is "too restrictive").
Comments (2)
  • Sounds like a bunch of people on one side of the boat...
    12 Jun 2012, 04:53 PM Reply Like
  • all window dressing for Influential People as the election draws nearer
    12 Jun 2012, 07:17 PM Reply Like
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