In an interview with Bloomberg, the strategists of Sharon Bell and Christian Mueller-Glissmann said that the money managers expressed fears that Europe would remain behind at the time when artificial intelligence strengthens American actions, and China achieve better results in emerging markets.
“Europe has moved to the bottom of the shopping list because there are so many other regions that show better dynamics,” said Mueller-Glissmann.
“Everyone is quite skeptical about whether Europe will spend money. There is a feeling that” I want to see it, and not just hear that this will happen “” – added Bell.
A recent survey conducted by Bank of America Corp. She showed that allocation in European actions fell in September. On the other hand, fund managers are also not completely pessimisticand the survey showed that None of the participants expect declines by more than 5 percent.
