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Merrill Lynch

  • 5/12/16 9:00 am EDT

    More Than Any Stage of Life, Retirees Enjoy More Freedom and Fun and Value Relationships

    A new Merrill Lynch study finds that as the baby boomer generation retires en masse to enjoy newfound freedom of time and activities, an estimated 2.5 trillion hours1 of leisure time will be created among the 65+ population over the next two decades. For the first time in the U.S., more people are in the “time affluent” stage (age 65+) of their life than the “time constrained” stage (ages 35–44). This “leisure boom” will have an unprecedentedmore...
  • 4/18/16 9:00 am EDT

    Merrill Edge® Report Finds Retirement Is Becoming an Opportunity to Pursue Passions, but How to Get There Varies Across Generations

    Millennials’ perspective on their later years and how to get there hints at a possible redefining of retirement, according to the latest Merrill Edge® Report. Nearly half (41 percent) of the generation surveyed expects to retire when they hit a certain financial milestone or savings goal, whereas their older counterparts are focused on leaving the workforce when they hit a certain age or can no longer work due to health concernsmore...
  • 4/15/16 9:00 am EDT

    Nationwide Survey by Merrill Lynch Private Banking and Investment Group Finds Generational Differences in Perspectives on Family Wealth and Division of Assets

    Three-quarters of wealthy families fail to discuss money and inheritance in ways that avoid misunderstandings and unintended consequences, according to the findings of a nationwide survey published today by Merrill Lynch’s Private Banking and Investment Group. The survey of 609 high net worth households, each with more than $3 million in investable assets, found differing generational perspectives in the way families communicate,more...
  • 4/13/16 9:00 am EDT

    Employers in Key Position to Empower and Encourage Employees to Better Manage Their Finances Today and Prepare for the Future

    A study released today shows that compared to 2013, American workers’ stress about their finances has increased, while confidence in their financial futures has decreased. The latest Bank of America Merrill Lynch Workplace Benefits Report points to employers’ continued adoption of programs that promote financial wellness as a potential key to turning these negative trends around. Eighty-three percent of employees today cite workplacemore...
  • 1/20/16 8:30 am EST

    Cash Allocations Rise, Equities Cut Sharply

    With increasing concern over China’s growth, investors are significantly less confident in the global economic outlook, according to the BofA Merrill Lynch Fund Manager Survey for January. Allocations to equities have fallen sharply, while cash holdings have risen. A net 8 percent of fund managers see the global economy strengthening over the next 12 months – the survey’s lowest reading on this measure since 2012more...
  • 1/6/16 9:00 am EST

    ZF TRW Automotive Serves as Pilot Client for New Solution

    Bank of America Merrill Lynch Global Transaction Services (GTS) has today announced the launch of automated U.S. dollar cross-border cash pooling services for corporations operating in the Shanghai Free Trade Zone. ZF TRW, a division of ZF Friedrichshafen, manufacturers of automobile safety systems, has implemented the working capital solution and is serving as the pilot client for this innovative service.The BofA Merrill solution allows companies to take advantage of the cross-border poolingmore...
  • 12/15/15 8:30 am EST

    Consensus Builds That China Growth Will Slow

    A majority (58 percent) of global investors expect the U.S. Federal Reserve (Fed) to raise rates three times or more in the coming 12 months, according to the BofA Merrill Lynch Fund Manager Survey for December. More than half of the panel (53 percent) says long U.S. dollar is the “most crowded trade,” up from 32 percent in November. Thirty-five percent say the end of the Fed hiking cycle is the eventmore...
  • 12/11/15 10:00 am EST
    Following an annual review in accordance with its rules, the target constituent weights for the BofA Merrill Lynch Commodity Index eXtra (MLCX) will rebalance to the values shown in Table 1 below on December 31, 2015. Similar changes will propagate across the MLCX sub-indices. Cotton will be removed from MLCX at the December 31 rebalancing, as it does not meet the quantitative criteria for selection and an exception is no longer deemedmore...
  • 12/10/15 10:00 am EST

    Millennial Generation Prioritizing Health Savings, Accounting for One-third of Health Savings Account Enrollment

    Today, new data released by Bank of America Merrill Lynch reveals that more employees are enrolling in their workplace benefit plans and looking to their employers for more access to information, education and assistance in managing their finances. In the first six months of 2015, employee workplace engagement was on the rise with a 44 percent1 increase in the number of employees who enrolled for the first time in their employer’s 401(k) plan,more...
  • 12/8/15 11:30 am EST

    Glass Half-Full: Bullish on Stocks, Not Sectors;
    Year of Modest Global Growth: U.S. Grows, China Slows and Brazil Contracts;
    More Volatility as Monetary Policies Diverge, Rates and Regulations Collide

    BofA Merrill Lynch Global Research today released its outlook for the markets in 2016, forecasting a year of modest global and U.S. economic growth, the start of a slow, emerging markets recovery and single-digit stock returns led by high-quality cyclicals. However, with the world’s two largest economies – U.S. and China – set to diverge on monetary policy and a contrarian expectation of further weakness in China, next year’s market outlook ismore...