Commodity and Stock Overweight Levels Reach New Highs, According to Bank of America Survey

A recent survey by Bank of America reveals that fund managers have increased their overweight positions in commodities and stocks to levels not seen since May 2022 and December 2024, respectively. According to Jin10, the survey also indicates that the cash allocation ratio has risen to 3.4%. This shift in asset allocation reflects changing market dynamics and investor sentiment as fund managers adjust their portfolios in response to current economic conditions.