Mideast funds anticipate rebuilding equities positions -survey | Reuters:
"Many Middle East fund managers expect to start rebuilding their regional equities holdings in the next few months and have become less bearish towards bonds, a monthly Reuters survey shows.
The survey of 14 leading fund managers, conducted over the past 10 days, does not suggest funds are heavily bullish on stocks; many see a risk of further losses as austerity policies, adopted by governments in response to low oil prices, weigh on economies.
But the survey does suggest that funds have gone so far underweight on equities that they feel there is little room to continue cutting allocations, and that the next major change in allocations will be to increase them."
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