European Stocks' Largest Allocation

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Business & Economics

Investors 'make Europe great again' with big stock allocation, BofA says

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MILAN ( Reuters ) - European stocks saw their second largest allocation in a quarter of a century in January , as lagging risk assets played catch up, according to a survey of investors from BofA Global Research published on Tuesday . Investors were the most underweight on bonds since October 2022 , while cash levels ran low at 3.9% , said the survey of 182 participants with $513 billion of asset under management. A disorderly rise in bond yields was seen as the most bearish development for 2025 , BofA said. (Reporting by Danilo Masoni ; Editing by Amanda Cooper ).