Fund Managers Turn Bullish As “Risk Appetite” Increases

Although uncertainty continues to linger across financial markets, investors’ confidence in the global economic recovery has without a doubt improved considerably going forward, shaking off much of last year’s pessimism. Debt negotiations in the Euro zone have played a key role in ensuring stability, while better-than-expected economic data releases on the home front have helped to reignite optimism. According to a recent survey by Bank of America, global investors have started 2012 with fairly bullish prospects and greater appetite for risk [see also 12 Rapid Fire ETF Ideas For 2012]. The Bank of America Merrill Lynch Fund Manager Survey, which was conducted earlier in January of this year, shows that of the participating 214 institutional investors, reveals that few are predicting a global slowdown. Bullish Sentiment Is Building The survey revealed that only 3% of the participants believe economic growth will weaken in 2012; this is a drastic improvement from [...] Click here to read the original article on ETFdb.com. Related Posts: Intel, JP Morgan Boost Tech, Financials ETFs AdvisorShares Rolls Out SectorSAM ETF (SSAM) Three Intriguing Alternatives To Popular ETFs (SPY, XLF, FXI) ETFs & Sector Rotation: Large Cap, Small Cap, Or International? Ten Commandments Of ETF Investing