Global fund managers boost equity allocations by record in May, BofA survey shows
- Posted on May 19, 2026
- By Google News
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Global fund managers boost equity allocations by record in May, BofA survey shows
Global fund managers raised their allocation to equities by the most on record in May, driven by optimism over earnings growth and by the possibility of the Federal Reserve cutting rates, according to a Bank of America monthly survey published on Tuesday.