Thursday 31 December 2015

Mideast funds more bullish on stocks, bearish on bonds -survey | Reuters

Mideast funds more bullish on stocks, bearish on bonds -survey | Reuters:

"Middle East fund managers have become more positive on regional equities with a strong bias towards the United Arab Emirates, and more bearish on bonds, a monthly Reuters survey shows.

The survey of 14 leading fund managers, conducted over the past 10 days, found 50 percent expecting to raise their regional equity allocations in the next three months, and 14 percent expecting to cut them - the largest bullish balance since February 2014.

In last month's survey, 29 percent anticipated increasing equity exposure and 21 percent expected to reduce it."



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