Friday Morning Coffee Nr. 50: The most crowded trade

290319 Friday Morning Coffee

Friday Morning Coffee Nr. 50: The most crowded trade

BofA Merrill Lynch conducts on a monthly basis a Fund Manager survey where they poll the largest fund managers on their current portfolio positioning and beliefs. The survey currently comprises the views of 186 participants managing 557 bn USD in assets. We believe this analysis gives us quite a good understanding of the current sentiment amongst institutional investors.