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2026-09-16 02:00:08
A recent survey of fund managers by Wells Fargo, released Tuesday, shows that investor enthusiasm for equities is waning as bond yields rise and uncertainty surrounding the U.S. midterm elections looms over the market. Global fund managers' overweight position in equities—a bullish bias—has fallen to 49% from 56% last month. Meanwhile, fund managers' cash holdings rose to 3.9% from 3.5%, the largest monthly increase since March.
