Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

BofA Fund Manager’s Survey – Aug 2024

by Team Lumida
August 14, 2024
in Macro
Reading Time: 9 mins read
A A
0
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Bank of America surveys fund managers worldwide to gauge their outlook on the markets.

For August 2024 – 220 panelists with $590bn AUM participated in the August survey.

Join our telegram group to get commentary on these reports as soon as they release.

Key: FMS – Fund Manager Survey, OW – Overweight, UW – Underweight

Here are the Key Takeaways in Charts:

Jump to section

10. FMS net OW healthcare, tech & stocks vs UW REITs, consumer & materials

  • 1. 47% Managers expect a weaker global economy in the next 12 month
  • 2. Investors raised cash levels to 4.3% from 4.1%
  • 3. Investor Sentiment drops to 7-month low
  • 4. 55% of FMS investors believe that global monetary policy is too restrictive
  • 5. 59% expect lower bond yields
  • 6. 93% of investors expect short-term rates to be lower in 12 months’
  • 7. 60% of FMS investors expect 4 or more rate cuts from the Fed
  • 8. FMS investors rotated into bonds vs out of stocks in August
  • 9. “Long Magnificent 7” the most crowded trade
  • 10. FMS net OW healthcare, tech & stocks vs UW REITs, consumer & materials
  • 11. 47% of investors expecting a weaker economy in the next 12 months
  • 12. Net 29% of FMS investors expect profits to deteriorate in the next 12 months
  • 13. FMS investor allocation to equities is the lowest since Jan’24.
  • 14. FMS investors are the most overweight bonds since Dec’23.
  • 15. FMS investors have raised cash allocation in the past 2 months
  • 16. August saw FMS investors increasing allocation to healthcare and staples

Investors are most OW healthcare, tech, equities, and US vs most UW REITs.

Jump to section

10. FMS net OW healthcare, tech & stocks vs UW REITs, consumer & materials

  • 1. 47% Managers expect a weaker global economy in the next 12 month
  • 2. Investors raised cash levels to 4.3% from 4.1%
  • 3. Investor Sentiment drops to 7-month low
  • 4. 55% of FMS investors believe that global monetary policy is too restrictive
  • 5. 59% expect lower bond yields
  • 6. 93% of investors expect short-term rates to be lower in 12 months’
  • 7. 60% of FMS investors expect 4 or more rate cuts from the Fed
  • 8. FMS investors rotated into bonds vs out of stocks in August
  • 9. “Long Magnificent 7” the most crowded trade
  • 10. FMS net OW healthcare, tech & stocks vs UW REITs, consumer & materials
  • 11. 47% of investors expecting a weaker economy in the next 12 months
  • 12. Net 29% of FMS investors expect profits to deteriorate in the next 12 months
  • 13. FMS investor allocation to equities is the lowest since Jan’24.
  • 14. FMS investors are the most overweight bonds since Dec’23.
  • 15. FMS investors have raised cash allocation in the past 2 months
  • 16. August saw FMS investors increasing allocation to healthcare and staples
Page 10 of 16
Previous 12345678910111213141516 Next
Source: Bank Of America
Tags: Fund Manager SurveyMacro
Previous Post

China’s Oil Demand Slump: What It Means for Global Markets

Next Post

Tencent’s Profit Booms: Domestic Gaming Revenue Back in Action!

Recommended For You

Trump Threatens to Pull U.S. Troops From Germany After Chancellor Merz Calls Iran War a ‘Humiliation’

by Team Lumida
11 minutes ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

Trump said the U.S. is reviewing its troop presence in Germany after Chancellor Merz publicly said Washington has 'no discernible strategy' in Iran. Reducing the ~35,000 troops stationed...

Read more

Trump Lifts Scotch Whisky Tariffs ‘In Honor of the King and Queen’ After King Charles State Visit

by Team Lumida
12 minutes ago
Trump Pushes for Greenland Acquisition, Exploring Business Deals and Military Presence

Trump announced the removal of whiskey tariffs on Scotland following King Charles III's state visit, calling it a goodwill gesture — and a major win for the nearly...

Read more

Japan Likely Intervened to Defend the Yen as Iran War Oil Shock Hammers Energy Importers

by Team Lumida
15 minutes ago
Why Berkshire’s Latest Yen Bond Sale Could Ignite the Japanese Market

The yen surged over 2% against the dollar Thursday after Japan's finance minister issued a 'final evacuation warning' to traders — as soaring oil prices from the Hormuz...

Read more

Powell Stays, Fed Holds, Four Dissents: Kevin Warsh Walks Into a Civil War

by Team Lumida
20 hours ago
Powell’s Pivotal Moment: What to Expect from Jackson Hole

Jerome Powell broke a 75-year precedent by announcing he'll remain on the Fed board after handing the chairmanship to Kevin Warsh — as four FOMC members dissented and...

Read more

U.S. Pitches ‘Maritime Freedom Construct’ Coalition to Reopen the Strait of Hormuz

by Team Lumida
20 hours ago
Iran’s Island Fortress: The Five Strategic Positions Holding Hormuz Hostage

A leaked State Department cable reveals the Trump administration is recruiting international partners for a new naval coalition to restore shipping through the Strait of Hormuz, even as...

Read more

Bessent Blasts Powell: Staying on the Fed Board Is an ‘Insult’ and ‘Violation of All Norms’

by Team Lumida
21 hours ago
US Treasury Secretary Bessent: Terming Out US Debt Is “A Long Way Off”

Treasury Secretary Scott Bessent publicly condemned Jerome Powell's decision to remain as a Fed governor after handing the chairmanship to Kevin Warsh, calling it unprecedented and an insult...

Read more

Oil Surges to $126 — Four-Year High — as U.S. Weighs Fresh Military Strike on Iran

by Team Lumida
21 hours ago
brown metal tower

Brent crude spiked 7% to $126/barrel after Axios reported Trump will receive a new military briefing on Iran strike options Thursday, shattering hopes of a near-term diplomatic resolution...

Read more

Trump Orders Aides to Plan for Indefinite Iran Blockade — No Clear Exit in Sight

by Team Lumida
2 days ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

President Trump has directed aides to prepare for an extended blockade of Iran, rejecting Tehran's latest proposal and betting economic strangulation will force nuclear concessions.

Read more

China’s Cars Are Selling Out in Mexico — and Americans on the Border Are Already Impressed

by Team Lumida
2 days ago
China’s Bold Economic Moves: What You Need to Know Now

BYD, Geely, and Great Wall Motors are dominating Mexican showrooms just miles from the U.S. border, with Chinese cars now accounting for a quarter of Mexico's auto sales...

Read more

Iran Is Stuffing Oil Into Derelict Tanks to Avoid Shutting Down Its Fields — With Days Until It Runs Out of Space

by Team Lumida
3 days ago
Iran’s Island Fortress: The Five Strategic Positions Holding Hormuz Hostage

The US naval blockade has cut Iran's oil exports by 73% since April 13. With onshore storage filling fast, Tehran is reviving junk storage sites, using improvised containers,...

Read more
Next Post
a low angle view of a building

Tencent's Profit Booms: Domestic Gaming Revenue Back in Action!

a gold bit coin sitting on top of a black table

Bitcoin Hits $61K Milestone: How Will the U.S. CPI Impact Its Future?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Apple Breaks From Big Tech Pack as AI Volatility Drives Investors Toward Safety

Apple Breaks From Big Tech Pack as AI Volatility Drives Investors Toward Safety

February 18, 2026
AI Investment Boom: How Tech Giants Are Leading the Charge

AI Power Users Are Choosing “Human-in-the-Loop” Work—Even When Automation Is Easy

November 26, 2025
China’s Manufacturing Powerhouse Faces Domestic Struggles: What It Means for Global Investors

China Tightens Exports of Some Rare Earths and Related Tech

October 9, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018