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  • 5/14/13 8:30 am EDT
    BofA Merrill Lynch Fund Manager Survey Finds Investors Positioning For China Slowdown and Low Inflation

    Allocators Scale Back in Commodities and Emerging Market Stocks

    Investors are positioning themselves for slower growth in China and prolonged low inflation – sending commodities allocations to a four-year low, according to the BofA Merrill Lynch Fund Manager Survey for May. A quarter of the respondents to May’s survey say that a hard landing in China and a commodity collapse is their number one “tail risk”, an increase from 18 percent in April. A net 8 percent of fund managers in Japan, Asia-Pacificmore...
  • 5/13/13 9:00 am EDT
    Optimistic About Their Financial Futures, Gen Y Saving Earlier and Planning Now for Retirement

    Implementing Lessons Learned During the Recession, Mass Affluent Saving for Retirement and Paying Down Debt Before Other Expenses

    As Americans continue to regain confidence following the economic downturn, Bank of America’s latest Merrill Edge Report is showing that mass affluent investors are buckling down, making retirement a greater priority and cutting debt in favor of long-term investments. The Spring 2013 Merrill Edge Report, a semi-annual study of the financial concerns and priorities of the mass affluent (consumers with $50,000-$250,000 in investablemore...
  • 5/8/13 11:05 am EDT
    Bank of America Announces Results of 2013 Annual Meeting
    Bank of America Corporation today announced the voting results of matters considered during the company’s annual meeting of shareholders in Charlotte. Shareholders elected all 13 of the company’s board of director nominees, approved a management advisory proposal on compensation of named executive officers and ratified the appointment of the company’s independent accounting firm. None of the shareholder proposals were approvedmore...
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