Investors augment cash piles

Comments (0) | 15 Mar 2011 | Rating | Print by Tim Human

Fund managers get the jitters over the oil price spike, the threat of stagflation and potential interest rate rises

Investors have padded out their cash piles and cut equity holdings as they contemplate an uncertain economic future, according to a survey of fund managers by Bank of America Merrill Lynch (BofAML).

Worries over the price of oil, stagflation and the impact of interest rate rises have combined to lower ...

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