BofA survey: 37% of global fund managers overweight technology stocks, most since 2020

Bank of America's October fund manager survey shows 37% of global fund managers are overweight technology stocks, up from 30% last month and the most since August 2020. Semiconductors are now the market's most crowded trade, and 45% expect an AI bubble by 2027.

Detected & updated continuously · Source: Nebula