The number of investors adding protection against an equity market correction has seen its largest monthly increase in 14 months, according to the latest Bank of America Merrill Lynch (BofAML)survey.
The September Global Fund Manager survey of 214 panellists with $629bn in AUM found participants were becoming more defensively-positioned in preparation for a possible market pullback. As well as...
Joined with 21 Partners
Consequences could be more severe than in stress tests
Move to variable operating expenses
Set to happen on 4 April