To complement our article \u00abWhat’s on the mind of the largest asset managers for 2H 2022?\u00bb, we went through BofA Securities’ latest fund manager survey of July 19th. The findings from the survey are largely consistent with the views and themes we identified in the mid-year outlook reports, so it should complement our previous article with more granular investor sentiment and positioning.<\/p>\n
30\u79d2\u8981\u70b9<\/strong> \uff1a\u8c03\u67e5\u5c0f\u7ec4\u4e2d\u670990%\u9884\u8ba1\u672a\u676512\u4e2a\u6708\u5168\u7403\u5c06\u51fa\u73b0\u6ede\u80c0\uff0c\u6bd4\u4f8b\u521b2008\u5e74\u4ee5\u6765\u65b0\u9ad8\u3002\u6295\u8d44\u8005\u6781\u5ea6\u60b2\u89c2\uff0c\u98ce\u9669\u504f\u597d\u6781\u4f4e\u3002\u5728\u4f01\u4e1a\u5c42\u9762\uff0c\u4fe1\u7528\u98ce\u9669\u548c\u7ecf\u6d4e\u5468\u671f\u98ce\u9669\u662f\u4ed6\u4eec\u6700\u4e3b\u8981\u7684\u62c5\u5fe7\u3002\u5e02\u573a\u5bf9\u4f01\u4e1a\u76c8\u5229\u7684\u8d1f\u9762\u9884\u671f\u8fbe\u5230\u6700\u9ad8\u6c34\u5e73\uff0c\u6295\u8d44\u8005\u4e5f\u62c5\u5fc3\u8d44\u4ea7\u8d1f\u503a\u8868\u5b9e\u529b\u3002\u73b0\u91d1\u6c34\u5e73\u5f02\u5e38\u9ad8\uff0c\u505a\u591a\u7f8e\u5143\u5df2\u6210\u4e3a\u6700\u62e5\u6324\u7684\u4ea4\u6613\u3002\u884c\u4e1a\u914d\u7f6e\u4ecd\u504f\u9632\u5fa1\u6027\uff0c\u800c\u9ad8\u4f4d\u7c98\u6027\u901a\u80c0\u91cd\u65b0\u6210\u4e3a\u6700\u5927\u7684\u5c3e\u90e8\u98ce\u9669\u3002<\/p>\n 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15%\u7684\u6295\u8d44\u8005\u51c0\u4f4e\u914d\u80a1\u7968\uff0c\u73af\u6bd4\u4e0a\u53473\u4e2a\u767e\u5206\u70b9\uff0c\u4e14\u8f83\u5747\u503c\u4f4e1.8\u4e2a\u6807\u51c6\u5dee<\/strong>\u3002\u503a\u5238\u7684\u4f4e\u914d\u7a0b\u5ea6\u5df2\u660e\u663e\u4e0b\u964d\uff0c\u73af\u6bd4\u51cf\u5c1119\u4e2a\u767e\u5206\u70b9\uff0c\u63a5\u8fd1\u957f\u671f\u5e73\u5747\u6c34\u5e73\u3002\u623f\u5730\u4ea7\u548c\u5927\u5b97\u5546\u54c1\u4ecd\u5904\u4e8e\u8d85\u914d\u72b6\u6001\uff0c\u4f46\u8f832022\u5e74\u521d\u7684\u9ad8\u4f4d\u56de\u843d\uff1b\u5927\u5b97\u5546\u54c1\u8d85\u914d\u6bd4\u4f8b\u73af\u6bd4\u4e0b\u964d10\u4e2a\u767e\u5206\u70b9\u3002\u5c31\u5730\u57df\u504f\u597d\u800c\u8a00\uff0c\u6b27\u6d32\u80a1\u7968\u4ecd\u6700\u4e0d\u53d7\u9752\u7750\uff0c\u51c0\u4f4e\u914d\u6bd4\u4f8b\u4e3a35%\uff08\u73af\u6bd4\u4e0b\u964d23\u4e2a\u767e\u5206\u70b9\uff09\uff1b\u65e5\u672c\u80a1\u7968\u5219\u4ece6\u6708\u4f4e\u914d\u7a0b\u5ea6\u6700\u4f4e\u7684\u5730\u533a\uff0c\u8f6c\u4e3a7\u6708\u4f4e\u914d\u7a0b\u5ea6\u7b2c\u4e8c\u9ad8\u7684\u5730\u533a\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u56fd\u80a1\u7968\u57287\u6708\u8868\u73b0\u6539\u5584\uff0c\u51c0\u4f4e\u914d\u6bd4\u4f8b\u4ece8%\u964d\u81f35%\u3002<\/p>\n \u4ece\u884c\u4e1a\u914d\u7f6e\u6765\u770b\uff0c \u533b\u7597\u4fdd\u5065\u3001\u5fc5\u9700\u6d88\u8d39\u54c1\u548c\u80fd\u6e90\u662f7\u6708\u51c0\u8d85\u914d\u6bd4\u4f8b\u6700\u9ad8\u7684\u4e09\u4e2a\u884c\u4e1a<\/strong> \u4e5f\u662f\u8fc7\u53bb\u4e00\u4e2a\u6708\u4ec5\u6709\u7684\u51c0\u8d85\u914d\u884c\u4e1a\u3002\u4e0d\u8fc7\uff0c\u4e0e\u80fd\u6e90\u4e0d\u540c\uff0c\u533b\u7597\u4fdd\u5065\u548c\u5fc5\u9700\u6d88\u8d39\u54c1\u7684\u51c0\u8d85\u914d\u6bd4\u4f8b\u4ecd\u5728\u4e0a\u5347\uff0c\u5206\u522b\u73af\u6bd4\u589e\u52a03\u4e2a\u767e\u5206\u70b9\u548c13\u4e2a\u767e\u5206\u70b9\uff0c\u8f83\u5404\u81ea\u957f\u671f\u5e73\u5747\u6c34\u5e73\u9ad8\u51fa1.4\u4e2a\u548c1.5\u4e2a\u6807\u51c6\u5dee\u3002\u80fd\u6e90\u7684\u51c0\u8d85\u914d\u6bd4\u4f8b\u964d\u81f3\u53d7\u8bbf\u8005\u76848%\uff0c\u73af\u6bd4\u4e0b\u964d13\u4e2a\u767e\u5206\u70b9\uff0c\u63a5\u8fd1\u5386\u53f2\u5e73\u5747\u6c34\u5e73\u3002\u94f6\u884c\u3001\u4fdd\u9669\u548c\u6750\u6599\u672c\u6708\u5747\u8f6c\u4e3a\u51c0\u4f4e\u914d\uff1b\u5176\u4e2d\uff0c \u94f6\u884c\u4e0e\u516c\u7528\u4e8b\u4e1a\u53ca\u975e\u5fc5\u9700\u6d88\u8d39\u54c1\u5e76\u5217\u4e3a\u51c0\u4f4e\u914d\u6bd4\u4f8b\u6700\u9ad8\u7684\u4e09\u4e2a\u884c\u4e1a<\/strong>.<\/p>\n \u6700\u540e\u7b80\u8981\u8c08\u8c08\u5c3e\u90e8\u98ce\u9669\uff1a \u9ad8\u4f4d\u7c98\u6027\u901a\u80c0\u53d6\u4ee3\u9e70\u6d3e\u592e\u884c\uff0c\u6210\u4e3a\u9996\u8981\u5c3e\u90e8\u98ce\u9669\uff08\u5360\u8c03\u67e5\u5c0f\u7ec4\u768433%\uff0c\u73af\u6bd4\u4e0a\u5347\u7ea610\u4e2a\u767e\u5206\u70b9\uff09<\/strong>\uff0c\u56e0\u4e3a\u5927\u591a\u6570\u6295\u8d44\u8005\u9884\u8ba1\u660e\u5e74\u901a\u80c0\u5c06\u56de\u843d\u3002 \u5168\u7403\u8870\u9000\u4ecd\u662f\u7b2c\u4e8c\u5927\u5c3e\u90e8\u98ce\u9669<\/strong>\uff0c\u5360\u8c03\u67e5\u5c0f\u7ec4\u768424%\uff1b\u4e0e\u6b64\u540c\u65f6\uff0c \u9e70\u6d3e\u592e\u884c\u98ce\u9669\u964d\u81f3\u7b2c\u4e09\u4f4d<\/strong>.<\/p>\n We note that one should read the above survey’s findings in the context of the sample size and respondents’ persona. 259 respondents took the survey, consistent with past sample sizes. Most are portfolio managers, followed by strategists (1\/4th) and CIOs (1\/6th). A large majority (>60%) are global investors, and the rest are regional investors with global views. About 60% of the respondents have direct control over USD 1bn in AUM with an even distribution across fund types (40% mutual funds, 30% pensions and insurances, hedge funds, and others for the rest). The average investment horizon is around 7 months, while a little more than 1\/4th of the respondents have a horizon exceeding 12 months.<\/p>\n We hope this article gives you more color on our “2H 2022 Asset Manager Outlook Review” findings. If you would like more details about the content, feel free to contact us.<\/p>","protected":false},"excerpt":{"rendered":" To complement our article \u00abWhat’s on the mind of the largest asset managers for 2H 2022?\u00bb, we went through BofA Securities’ latest fund manager survey of July 19th. The findings from the survey are largely consistent with the views and themes we identified in the mid-year outlook reports, so it should complement our previous article […]<\/p>\n","protected":false},"author":3,"featured_media":138,"template":"","class_list":["post-119","ss_article","type-ss_article","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article\/119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article"}],"about":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/types\/ss_article"}],"author":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/users\/3"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media\/138"}],"wp:attachment":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media?parent=119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}