Managing directors cashed risks
Global portfolio managing directors brought a share of cash in funds to a maximum level since 2001. The concern of investors causes aggression with which regulators of the largest developed economies raise rates that in combination with high geopolitical risks can worsen prospects of developments. In such conditions investments in an action are reduced. Investments in foreign securities are reduced also by the Russian players who are frightened by high infrastructure risks. Portfolio managing directors sharply increased cash stocks in investment funds, the September survey conducted by Bank testifies...