PETALING JAYA: Nine of 10 fund managers polled in the latest HSBC’s quarterly Fund Managers Survey hold a “positive” view on Asia-Pacific ex-Japan equities in the third quarter of 2009, up from 45% in the second quarter.
Overall, the fund managers were more optimistic about equities as an investment class, with 50% of them “overweight” in the third quarter from 30% in the preceding quarter. About 75% remained “bullish” about Greater China equities this quarter (vs 75% in the second quarter), while 73% held a “positive” view towards emerging markets equities, up from 27% in the second quarter.
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