Institutional Investors Reach Most Bullish Levels Since 2021 as Cash Reserves Hit Record Lows
Global fund managers have reduced cash levels to a record low of 3.2 percent amid rising growth optimism. This shift marks the most bullish sentiment since 2021.
Insights:
The Bank of America Corporation published its January 2025 Bull and Bear Indicator survey on January 20, 2025, revealing that institutional investor sentiment had reached its most bullish level since July 2021. The survey, which included 96 participants managing $575 billion in assets under management, was conducted between January 8 and January 15, 2025. During this period, cash levels among the respondents dropped to a record low of 3.2 percent, causing the Bull and Bear Indicator to surge to a hyper-bull reading of 9.4.
