BofA tells investors to 'sell the vaccine' as fund managers turn bullish
Close to 'full bull'
BofA's comments come in the wake of vaccine breakthroughs by Moderna, Pfizer and BioNTech
Fund managers turned more bullish than at any point in 2020 in November, as Bank of America (BofA) warned investors to "sell the vaccine" in the coming weeks and months.
Cash levels within portfolios of global fund managers fell to their lowest level this year at 4.1%, from 4.4% in October, the latest fund manager survey from BofA showed. Cash levels have fallen by 1.8...
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