BofA Fund Manager Survey notes cash levels have jumped to 4.3% in March (prev. 3.4%), the largest rise since the pandemic

The BofA Fund Manager Survey indicates a significant rise in cash levels among investors, suggesting a shift towards caution and risk aversion, with cash allocations reaching their highest since the pandemic.

Newsquawk StaffPublished 17 Mar 2026, 11:01 UTCOn the live feed at 10:41 UTC — 9 more headlines followed before this page went public

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10:48

European Commission statement regarding Druzhba: "The EU has offered Ukraine technical support and funding. The Ukrainians have welcomed and accepted this offer. European experts are available immediately."

10:45

Pfizer (PFE) announces positive topline Phase 2 results for next-generation CDK4 inhibitor, Atirmociclib, in second-line metastatic breast cancer

10:41

BofA Fund Manager Survey notes cash levels have jumped to 4.3% in March (prev. 3.4%), the largest rise since the pandemic

10:39

Nippon Steel (5401 JT) is to raise JPY 900bln in loans for the acquisition of US Steel, Nikkei reports

10:37

India antitrust body reportedly probes fragrance makers Givaudan (GIVN SW), Firmenich (DSFIR NA) and International Flavors & Fragrances (IFF) for anti-poaching pacts

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Global growth optimism slips to 7% (prev. 39%)
Inflation concerns jump to net 45% of investors expecting a rise in global CPI (from 9%)
BofA says global investors turn bearish as Iran and private credit concerns end frothy bull sentiment

Context

This increase in cash reflects waning global growth optimism and heightened inflation concerns, impacting investment strategies and potentially influencing market sentiment across equities and commodities.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

Energy prices fell following Russian President Putin's more conciliatory comments.

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/2 Sept · 18:19 UTC

US President Trump says renewed campaign against Iran will not continue for too long; oil prices will come down.

Brent (V6), after we published−0.8%

ENERGY/2 Sept · 11:13 UTC

Saudi Foreign Ministry says it has urged all parties to remain calm, halt escalations and respect international law and return to negotiations

WTI crude, after we published−0.6%

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