BofA’s global fund manager survey shows bullishness on US equities at its
highest level since Dec 2024: net 24% of users expect US stocks to
outperform other regions, the third-highest allocation in five years. Managers
have trimmed UK equity exposures; confidence in London-listed stocks is at its
lowest since Aug 2020. YTD the FTSE 100 is up 5.7% versus the S&P 500’s gain of
more than 10%.
