Global investors cut stocks amid uncertainty: poll

London

WORLD investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows.

A monthly survey of 47 senior investors in the United States, Europe, Britain and Japan found the average recommended exposure to stocks in global balanced portfolios eased for a second consecutive month to 49.1 per cent in November from 49.5 per cent.

"The greatest risk remains disappointment on global growth level . . . Markets remain vulnerable to any negative newsflow on macroeconomic indicators, be it in the eurozone, in the US or even in…