In spite of this month's rally, polls from Reuters found U.S. asset managers to have slashed...

|By:, SA News Editor

In spite of this month's rally, polls from Reuters found U.S. asset managers to have slashed their equity exposure in January, often due to eurozone-related fears. A typical "balanced" portfolio in the U.S., Europe, and Japan is believed to have held just 50.5% of its assets in equities in January, the lowest level since October. Bond allocation surged to 36.2%, fueled by Japanese demand. (investor confidence)