A survey by Jinshi Data for PANews reveals 169 fund managers with $413 billion in assets are increasingly favoring tech long positions as global investor sentiment peaks since February 2025.
PANews reported on August 11th that according to Jinshi Data and Bank of America's August fund manager survey, investors are returning to the stock market driven by optimistic earnings and economic sentiment. The survey of 169 fund managers managing $413 billion in assets showed 'Long the Big Seven' as the most popular trade, with large tech stocks like Nvidia and Microsoft leading the selection. Global investor sentiment reached its highest level since February 2025, with only 5% expecting an economic hard landing, while equity allocations rose to 14% and 78% of respondents anticipate short-term interest rate cuts amid concerns over trade wars and inflation.