Press Release: BofA – European Fund Manager Survey: Bullish on Europe, less bearish on global
Key takeaways
• Global growth pessimism is fading, with a soft landing once more becoming consensus among investors, but tariff risks remain
• German stimulus underpins European growth optimism, keeping the gap to global growth expectations close to the recent highs
• Investors stay bullish on EU equities outright and rel. to the US, with banks and German equities the most popular positions