[Bank of America: Survey Shows U.S. Stocks Likely to Outperform] Jin10 Data, July 15 – Bank of America's global fund manager survey found that fund managers' bullish sentiment toward U.S. stocks has reached its highest level since December 2024. The survey revealed that a net 24% of respondents believe U.S. stocks will outperform other regions, marking the third-highest allocation weight for U.S. stocks in the past five years. In contrast, investors have reduced their allocation to U.K. stocks. Confidence in London-listed stocks among fund managers has dropped to its lowest point since August 2020. Compared to other regions, U.K. stocks have underperformed so far this year. Year-to-date, London's FTSE 100 index has risen 5.7%, while the S&P 500 index has gained more than 10%.