(Fin Alternatives) Worries about job growth, political uncertainty and market volatility are what keep investment managers up at night despite generally rising market sentiment, according to the most recent quarterly survey by Northern Trust Asset Management.
More managers viewed U.S. equities as overvalued and were holding above-normal levels of cash in portfolios, according to the survey. NTAM polled 100 investment firms between June 3-17 for the survey, which also gauged opinions on the growth of passive investing and asked managers to rank the valuations of yield-oriented sectors.
