Bank of America Survey: 24% of Fund Managers Bullish on US Stocks Over Other Regions

According to a Bank of America global fund manager survey released on July 15, net 24% of respondents are bullish on U.S. stocks to outperform other regions, marking the highest bullish sentiment since December 2024. This represents the third-highest allocation weight to U.S. equities in the past five years.

Meanwhile, fund managers are reducing exposure to UK stocks. Year-to-date, the UK's FTSE 100 index has gained 5.7%, significantly lagging the S&P 500's gains of over 10%.