BofA Survey Finds Fund Managers’ Tech Exposure at Six-Year High
The share of fund managers overweight technology rose to 37%, while 45% of respondents expect an AI bubble in 2027.
Key takeaways
- Fund managers’ technology overweight rose to 37%, its highest level since August 2020.
- About 45% of survey respondents expect an AI bubble in 2027.
Fund managers’ technology exposure reached its highest level since August 2020, with 37% overweight the sector, up from 30% last month, according to a Bank of America survey.
About 45% of respondents said they expect an AI bubble in 2027, while 42% disagreed. Global semiconductor stocks were named the market’s most crowded trade.
The survey also found investors were the least pessimistic about bonds since May 2025. About 37% said a 10-year Treasury yield of 6% would prompt them to shift from stocks to bonds, while 19% said they were already changing their allocations.
The poll ran from Oct. 2 to Oct. 8 and drew 161 participants managing $453 billion in assets.
This article was produced with the help of AI technology. Source: Yahoo Finance
