Chinese fund managers raise equity and bond exposure, cut cash holdings

Reuters out a short while ago with the results of a latest poll 31 Oct

• 8 fund managers polled boosted their recommended equity allocations for next 3 months to 72.5% vs 68.1% as month ago


• recommended bond allocations +11.3% vs +7.5% prev month


• cash holdings cut to 16.3% vs 24.5% prev


• 7 fund managers see SCI around 3071 in 3 months


• suggested exposure to main sectors remained broadly steady with consumers declining for second month. Financial services rise


• US Fed rate hike in December widely expected, China facing increased pressures on capital outflow

As I mentioned last week in a post there is great expectation of a US Fed Dec hike from all around the world. Does that mean there is now greater cause for concern if they delay rather than deliver?

Chinese fund managers raise equity and bond exposure, cut cash holdings
Chinese fund managers raise equity and bond exposure, cut cash holdings
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