Even with the expectations of interest rate increases, a Merrill Lynch survey showed that global fund managers expect 2004 to be a year of growth for equity markets.

The poll, which asked 301 fund managers about their feelings on the current market and how it will move in upcoming months, showed that compared to last year, they are willing to take more investment risks. Global equity markets are expected to be higher, according to 71% of the respondents.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.