By Chris Bailey of Financial Orbit | Thursday 13 March 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Those clever (and very well-paid) people at Bank of America Merrill Lynch every month produce a document which collates the thoughts of fund managers around the world. Two of the clearer recent trends has been a near universal positive bias towards financial companies…and a negative bias towards the emerging markets. This could present an excellent opportunity for shareholders in Standard Chartered (STAN).
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