Almost half of fund managers surveyed in the latest Bank of America Merrill Lynch (BofAML) survey are predicting a recession in 2020.
The latest monthly global survey questioned 223 fund managers with $643bn in assets under management between 4 and 10 May. It found the percentage of investors expecting a recession this year was 2%...
Left in January
Transparency issues with no-fee structures
Would cause damage to other emerging markets
Questionnaires sent to firms