Investors fret over EU and China

Comments (0) | 20 Oct 2011 | Rating | Print by Brad Allen

Cash levels rise as investors see risk in European sovereign debt and a cooling Chinese real estate market

Investors remain in a cautious mood as European sovereign debt and Chinese growth expectations weigh on their minds, according to a new survey by Bank of America Merrill Lynch (BofAML).

Fully 85 percent of fund managers surveyed by the bank expect Greece to default on its debt, with the majority ...

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