Monday, 30 June 2014

World investors see rates staying low and put faith in stocks: Reuters poll

Traders work on the floor of the New York Stock Exchange By Chris Vellacott LONDON (Reuters) - Global investors put more money into stocks in June favoring the United States and Britain where economic recovery is gathering pace over other developed markets, a Reuters poll showed on Monday. The monthly poll of 51 fund managers and chief investment officers in the United States, Britain, Europe and Japan showed the average recommended exposure to equities in global balanced portfolios rose to 51 percent from 50.8 percent. Within global equities portfolios, the average allocation to North American stocks rose to 42.1 percent from 41.5 percent while investors also hiked exposure to British stocks to 11.9 percent from 11.5 percent. This came partly at the expense of equities in the euro zone, where economic recovery is seen as further off than in Britain and the United States.








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