NEW YORK--(BUSINESS WIRE)--Global investors’ confidence in the world’s economic outlook has fallen significantly due to concerns over China and emerging markets, according to the BofA Merrill Lynch Fund Manager Survey for September. Asset allocators have adopted a “risk-off” stance in response. Threat of recession in China increases as biggest tail risk; concern over a potential emerging markets debt crisis also rises sharply. Investors’ risk appetite evaporates: equity overweights are down a n
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