A survey of 7 Japan-based fund managers from Reuters between February 13 and 20 shows:
- Respondents on average wanted to allocate 44.6 percent of their funds to equities, up from 41.4 percent in the January survey
- Respondents raised their euro zone equity holdings to 17 percent from 8.8 percent in January
- Allocations for the United States and Canada were raised to 33 percent from 20 percent
- Those for Japan were cut to 38.2 percent from 59.9 percent
- Respondents trimmed their global bond holdings to 51.0 percent from 51.7 percent in January ... t heir allocation has remained above 50 percent for six months in a row but has come down from a 1-1/2-year high of 52.7 percent in December
- Cut their weightings in Japanese bonds to 35.0 percent from 46.4 percent in January