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  • News From Press Funds recommend keeping equity allocations on hold at 7-month low: Poll

    Funds recommend keeping equity allocations on hold at 7-month low: Poll

    Source: The Economic Times May 30, 2020

    Global funds recommended trimming bonds and keeping equity allocations on hold at a seven-month low this month even with world stocks on a tear, a Reuters poll showed on Friday.

    Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited, in contrast to a Reuters poll of market strategists published on Thursday which showed most on the sell-side don't expect that to happen.

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