Hedge managers have increased their positions in cash. The share of the cache on the accounts is now - 5.8%. A month ago it was 5.5% - on AMarkets materials.
The current level of Nala - is the maximum, if you count from 2001 (after September 11). Bank of America Merrill Lynch Experts believe that the cache - the safest asset at the moment.Investors fear that BREXIT another blow to the market. There is a risk that the debt market will fall. There remains the risk D.Trampa victory - for Wall Street is starting with "minus". When the cache level of the investor's portfolio is higher than the level of 4.5% in total assets, the situation signals the players that it's time to buy stocks. When the level sags below 3.5% - it is time to sell the paper - this model offers analysts BOAML. In mid-September fund managed by Goldman Sachs, has reduced its position in the Bond and greatly increased the share of cash.
Schedule. The dynamics of cash in their portfolios in the global section (share%):
Increasing the rate of 1% of the resulting in losses of $ 1.1 trillion. This forecast gives Goldman Sachs. Investors fear of the consequences, so may wish to sell the bonds. The choice of assets is increasingly shrinking. It remains a possibility that investors in the absence of other options still send their money in stocks.