$574 Billion In AUM Pretty Sure Stocks Will Outperform Everything In 2020

Fund managers know what the best performing asset class will be in 2020. Spoiler alert: It will be stocks. Or so says the collected wisdom of the 178 respondents (representing $574 billion in AUM) who participated in the November edition of BofA's closely-watched global fund manager survey which, as noted on Tuesday, has that "FOMO" feel to it. (BofA) As you can see, 52% say equities will be the top performer in 2020, which is in keeping with recently ebullient sentiment that's driven stoc

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2 thoughts on “$574 Billion In AUM Pretty Sure Stocks Will Outperform Everything In 2020”

Wasn’t in mid October 800bn AUM saying it was already too late for the world economy and stock performance?
Now they are bullish ….one month ago they were bearish. Then we wonder why their performance usually sucks and 75% of them can’t beat the spx