Fund managers continue to remain optimistic about stocks, even though potential volatility in the currency markets gives them some pause and a majority of them foresee single-digit returns for the foreseeable future, the most recent Merrill Lynch global fund manager survey shows.

Expecting GDP growth of 4.1% among G7 nations over the next 12 months and undervalued equity prices to rise, fund managers remain upbeat on continued improvement in the markets.

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