Fund Managers tilting away from Europe

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Barbara Kollmeyer, the editor of MarketWatch in Spain, recently wrote the article, “Fund managers move towards U.S., away from Europe,” and according to this article, a recent BofA Merril Lynch survey, fund managers around the world are less likely to take risk in the Europe and would rather work with the risk in the corporate United States and Japan.

The survey encompassed 207 fund managers, who are responsible for $589 billion in funds. These managers revealed that they were in favor of corporate risk over sovereign risk, which may explain the lack of faith in European funds.  Likewise, an environment of increasing regulation in Europe may disincentify managers from participating in those markets.

For more information, click on the following link:  http://bit.ly/cpxiNA.
 

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