Bank of America Survey: U.S. Stocks Expected to Outperform Global Markets

According to Jin10, a global fund manager survey by Bank of America found that fund managers' bullishness on U.S. stocks has reached its highest level since December 2024. The survey showed that a net 24% of respondents expect U.S. stocks to outperform other regions, marking the third-highest allocation weight to U.S. equities in the past five years. In contrast, investors reduced their allocations to UK stocks. Confidence among fund managers in London-listed stocks fell to its lowest point since August 2020. UK equities have underperformed compared to other regions so far this year. Year-to-date, London's FTSE 100 index has risen 5.7%, while the S&P 500 has gained over 10%.