Emerging market fund managers reduced exposure to the discretionary and technology sectors, but they both still remained a net overweight.
Fund managers pared back their exposure to emerging market equities this month, with appetite for risk declining, a survey of fund managers shows.
The survey, carried out by Bank of America Merrill Lynch, shows that just 13% of global investors reported overweight allocations to emerging market s
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more