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11-30-2017, 06:50 AM
UK funds raise equities, see no end to bull run in 2018 - Reuters poll

British fund managers resumed raising their equity exposure in November, a Reuters poll showed on Thursday, with over two-thirds expecting the global equity bull run to continue throughout 2018. Reuters' monthly asset allocation poll of 18 money managers was carried out between Nov. 14-28, and showed investors raising equity holdings by almost 3 percentage points to 52.8 percent. "We retain a bullish outlook for global equities based on relative valuations, above-trend global growth and improving corporate profitability," said Kamil Amin, an investment strategist at Charles Stanley.

https://finance.yahoo.com/news/uk-funds-raise-equities-see-123813788.html?.tsrc=rss