Merrill’s quant strategy group tells us where global fund managers are currently positioned the heaviest and lightest relative to historical norms.
It’s shocking how hated emerging market equities and commodities have become. Contrarians take note…
BofA Merrill Lynch Fund Manager Survey, Datastream Survey period 4th to 10th October 2013. 183 participants with $500bn AUM responded to the Global FMS questions

Source:
BAML
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