Emerging markets are favoured destinations for global investors

Emerging markets are favoured destinations for global investors

Yogesh Kumar/Mint

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Asia-Pacific investors boosted their overweight positions in energy and technology to 33% each. Investors scaled back their underweight positions in industrials and materials. Fund managers scaled back their exposure to utilities, telecom and banks.

Edited excerpts from a report by Bank of America-Merrill Lynch. Comment at mintmoney@livemint.com

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