Global funds pull back from equities again despite rally, Reuters polls show – Yahoo Finance
By Rahul Karunakar and Tushar Goenka
BENGALURU (Reuters) – Funds recommended that stock holdings be cut to their lowest for more than four years in August, despite record gains in global stocks, as the pandemic continues and new data suggests the rebound nascent economy is stagnating, according to Reuters polls.
The August 17-27 survey of 35 fund managers and investment managers in the United…
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