Asset managers reduced their cash holdings for the second consecutive month, according to the State Street Global Markets Risk Appetite Index.

Asset managers reduced their cash holdings for the second consecutive month, according to the State Street Global Markets Risk Appetite Index.
Crypto, semiconductor and technology funds were the top performers last year.
Fidelity International backs US equities and investment grade bonds and believes China and Japan offer value.
FSA looks at the top performing funds of the previous two Chinese equity bull markets
Value investing will trump growth-oriented strategies for investors in Chinese equities, says AB.
Japanese equity fund flows in Europe registered €500m in net new money across mutual funds and exchange-traded funds in April.
The Swiss asset manager has downgraded its outlook on China equities to neutral from overweight.
Investors should look for contrarian areas when buying Asian stocks, said the asset manager.
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. In this week’s Q&A, David Choa, head of Greater China equities at BNP Paribas Asset Management, talks about investment opportunities and the application of ESG criteria to investing in Chinese equities.
Swiss wealth manager also downgrades Indonesian equities.
Part of the Mark Allen Group.