Fund managers bank on global reopening in bullish outlook beyond Covid

71% anticipate 'boom'

clock • 3 min read
Bullish outlook in January
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Bullish outlook in January

Hopes of a global reopening following two years of Covid-19 and government-imposed lockdowns across the world are trumping any fears of Fed hikes, as fund managers take a generally bullish stance in January, according to a report by the Bank of America.

In BofA's latest Global Fund Manager Survey, many investors said they are expecting inflation to fall as they look to the future brightly despite expected further tapering of quantitative easing programmes....

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