Bank of America survey shows a significant surge in fund managers' cash levels in March
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格隆汇 March 17|According to Bank of America's Global Fund Manager Survey for March, the amount of cash held by fund managers surged significantly this month. Bank of America stated that the proportion of cash in investments rose to 4.3% in March, up from 3.4% in February and a record low of 3.2% in January. The bank noted that this marks the largest monthly increase in fund managers' cash levels since March 2020.
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