Fund managers were at their most bullish level in months ahead of last week’s selloff
1. Fund managers are very bullish, the highest sentiment since February. 2. Survey shows fund managers hold 3.8% cash, indicating strong bullishness. 3. 33% of managers cite an AI bubble as the top risk. 4. 57% believe private equity might cause a credit event. 5. Only 5% of managers see trade war as a high risk now.