Managers turn bullish on global growth despite China fear

Investors are turning bullish on global growth prospects except for China and Asia, although a jump in inflation expectations has led them to price out fresh central bank liquidity injections. A net 28% of global asset allocators expect the world economy to strengthen in the next year, from 11% in February, finds the latest Bank of America-Merrill Lynch fund manager survey. It is the highest reading in this category since March last year and a sharp rise from January, when the m…