Funds Cautious Over Volatile Equity Market
By Chen Li |
June 8, 2011, Wednesday
|
Print Edition
Print Edition
A volatile equity market is causing mutual fund managers to err on the side of caution as they continued to trim their exposure to stocks, according to data released yesterday.
The managers' average stockpile of domestic securities mutual funds fell slightly to 81.04 percent, 0.19 percentage lower from a week ago, according to data by Desheng Fund Research Center.
Of the 403 equity funds, 184 added more stocks with 90 of them increasing exposure by over 2 percent. Another 219 funds cut their holdings, with 135 of them reducing allocations by over 2 percent, the center said.
There was more caution among private equity funds whose average stock allocation was only 50 percent.
More than half of those interviewed said they will retain their stock exposure around 50 percent as 52.63 percent of the respondents forecast the market to be volatile in June.
The managers' average stockpile of domestic securities mutual funds fell slightly to 81.04 percent, 0.19 percentage lower from a week ago, according to data by Desheng Fund Research Center.
Of the 403 equity funds, 184 added more stocks with 90 of them increasing exposure by over 2 percent. Another 219 funds cut their holdings, with 135 of them reducing allocations by over 2 percent, the center said.
There was more caution among private equity funds whose average stock allocation was only 50 percent.
More than half of those interviewed said they will retain their stock exposure around 50 percent as 52.63 percent of the respondents forecast the market to be volatile in June.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
