Investor confidence in global economic growth remains high even as
expectations of higher short-term rates increase, according to the BofA
Merrill Lynch Fund Manager Survey for April.
The survey, taken between April 4 and April 10, 2014 showed that the
number of investors believing the global economy will grow over the next
12 months was steady at a bullish net 62 percent, unchanged from March
and higher than the 56 percent in Februarymore...
Limited Entries Still Available Through the Official Charity Program
Today, the Bank of America Chicago Marathon announced that 45,000
entrants were selected to run the 2014 race. The field will be comprised
of non-guaranteed lottery entrants and guaranteed entrants, which
include time qualifiers, legacy finishers, international tour groups,
and charity runners. The 37th annual event will take place on
Sunday, October 12, 2014, where participants will compete on the flat
and fast Chicago course.
Asia Pacific’s leading chief financial officers (CFOs) are increasingly
optimistic that revenues will rise in 2014 compared to last year, but
are less optimistic on the outlook for profits.
In a survey of regional CFOs commissioned by Bank of America Merrill
Lynch, 76 percent of respondents said they expect revenues in 2014 to
rise, up from 72 percent in the same survey last year. However, just 60
percent of those surveyed expectmore...