A long position in emerging markets has been cited as the most crowded trade in the market for the first time in the Bank of America Merrill Lynch (BofAML) survey's history.
The survey of 218 participants with $625bn of assets under management ran between 1-7 February and found 18% of respondents said long EM was the most crowded trade. This marks a major turnaround from...
Songs from writers Johntá Austin, Sean Garrett and Rico Love
Analysts in bullish mood
Uncertainty has resulted in 2% less growth
Expected to complete in Q2