Fund managers are warning investors not to get caught up in the recent market turmoil, urging caution before making investment decisions. According to BofA Securities’ latest fund manager survey, global fund managers’ positioning is not at extreme bear levels, which would typically be seen as a clear “buy” signal. Instead, the positioning is more neutral, indicating that investors should exercise patience and wait for further clarity before investing. This suggests that the market’s recent volatility may not yet be over, making it essential to approach investment decisions with caution and careful consideration of the current market situation.
Source: https://www.marketwatch.com/story/heres-what-the-latest-fund-manager-survey-means-for-our-401-k-s-245d030b