Friday, 28 October 2016
Last updated 7 hours ago
Jan 17 2007 | 12:24pm ET
Hedge fund managers are increasingly bullish on the equity market, according to the latest Merrill Lynch monthly survey of fund managers.
Hedge funds have upped their exposure to equities to 40% from 36% last month, the survey showed. In addition, funds are losing their appetites for volatility, with only 14% saying they hope to increase their exposure. In December, 24% indicated their aim to boost volatility exposure.
Thirty-six hedge fund managers responded to the Merrill survey.