Fund Managers' Cash Holdings Reach Historic Low, Indicating High Risk Appetite

On January 23, fund managers' cash holdings have dropped to a historic low of 3.2%, reflecting an extreme bullish sentiment towards risk assets. According to BlockBeats, this data was revealed in the latest survey conducted by BofA Global Fund Manager. The decrease in cash holdings suggests that investors are increasingly confident in the potential returns from riskier investments, moving away from safer, cash-based assets.