Fund managers pare EM stocks exposure

by | April 25, 2013 2:05 pm

 Fund managers pared back their exposure to emerging market equities this month, with appetite for risk declining, a survey of fund managers shows. The survey, carried out by Bank of America Merrill Lynch, shows that just 13% of global investors reported overweight allocations to emerging market stocks, the lowest level since October 2011 and down…

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