The highest number of investors since 2008 are expecting the global economy to decelerate over the next year, according to the latest Bank of America Merrill Lynch (BofAML) Fund Manager survey.
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Investors Turn Bearish
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The survey of 231 participants with a total of $646bn in assets under management globally ran between 5-11 October and found net 38% of respondents are predicting a deceleration in growth, the most since November 2008.
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