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Xinhuanet (Free subscription) | 19/11/2009
... conducted by BofA Merrill Lynch Global Research with the help of market research company TNS. A net 47 percent of respondents said they expect global core inflation to be higher in 12 months, up from a net 39 percent in October. Two thirds of the panel believe that the existing monetary policy is "about right." "Investors see inflation as a greater risk than deflation and are hedging that risk...
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Latest News Current Issue (Free subscription) | 18/11/2009
Sixty-six percent think existing monetary policy is on target.
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PR News Wire (Free subscription) | 27/10/2009
NEW YORK, Oct. 27 /PRNewswire/ -- BofA Merrill Lynch Global Research today announced that Kate Moore will be joining the group as a global equity strategist in November, reporting to chief Global Equity Strategist Michael Hartnett. In this role, she will support the development of our global equity product working with colleagues in the Americas, Europe and Asia Pacific. Moore will be...
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Daily News Analysis (Free subscription) | 20/10/2009
... considered the alternatives, investors renewed the overweight position on emerging market funds. A net 36% of investors still see it as the region they want to overweight on a 12 months view," said Gary Baker and Michael Hartnett, authors of the fund manager survey.Apart from faster recovery, flows are also being drawn to domestic consumption stories such as India, China and Indonesia,...
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ireland.com (Free subscription) | 15/10/2009
... and monetary tightening are not imminent enough to prevent an October surge in risk appetite," Michael Hartnett, the bank's chief global equity strategist, said in a note. The dollar fell broadly, hitting a 14-month low against the euro and Australian dollar and 15-month trough versus the New Zealand and Canada dollars. The currency currently suffers when risk appetite rises because...
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Latest News Current Issue (Free subscription) | 14/10/2009
... fund managers also said their cash positions are at their lowest level since January 2004, with a net 7% underweight cash, compared to a net 10% overweight cash in September. A net 38% are overweight equities, up from 27% in September.Technology, energy, materials and industrials are the favored sectors for asset allocators in October, with investors still shying away from financial stocks.“Equities...