Where Investors expect the best performance in the next 12 months

In the recent BofA Global Fund Managers survey, for March, global fund managers stated that the sentiment is still risk on, with the percentage of fund managers taking higher-than-normal risk at the highest level since 2021.

More and more fund managers expect the economy to improve, which is beeing front-run by the stock market.

Interestingly, the FMS shows a rotation into Europe and Emerging markets again, financed by an exit out of the US.

So where do investors expect to find the best performance in the coming 12 months?