2020-04-14 23:01:57

Bank of America released its monthly survey of fund managers, offering a grim view of the current macro picture among big money managers.



The BofA April FMS survey, which ran April 1-7, spanned over 180 participants who represent nearly $550 billion in assets under management. The survey captures Wall Street's anxiety about the market with 93% of participants expecting a recession in the next 12 months, TheBlock reports.

