Investors holding biggest cash pile since 2001: survey

Wed, Jun 15, 2016 - 5:50 AM

London

INVESTORS have amassed their largest cash pile since 2001 and cut equity holdings to a four-year low, rattled by worries over Brexit and policy-makers' ability to bolster a fragile global economy, a Bank of America Merrill Lynch (BAML) survey said on Tuesday.

Even though...