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32%  
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Keyword: japanaeconomy

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  • Fund managers turn bearish on Japan: BoA Merrill Lynch survey

    06/20/2013 8:51:06 PM PDT · by TexGrill · 2 replies
    Japan Times ^ | 06/21/2013 | JiJi
    LONDON – According to the survey, a net 21 percent of asset allocators are worried about the possible failure of “Abenomics,” while a net 31 percent expect the Chinese economy to slow down. “Everything that we are seeing for the survey is that positions have lowered for Japanese equities” after eight months of rising, said Manish Kabra, a European equities strategist at BoA Merrill Lynch Global Research. The proportion of asset allocators overweighing Japanese equities fell to a net 17 percent from a net 31 percent in May, a seven-year high, and that of investors viewing Japan as the region...