Emerging-market investors favour Indonesia and Russia
Meanwhile, a net number of investors are overweight Japan for the first time in 19 months, while Europe suffers a further sell-off, according to Bank of America Merrill Lynch's March survey.
Globally, investors have turned more bullish on equities this month, with a net 46% overweight the asset class, compared to 33% in February, according to Bank of America Merrill Lynch's monthly survey of fund managers.
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