Investment Managers

: Bonds’ share in their portfolios fell to 22.3 percent from 23.9 percent last month, according to Euro News. The poll was conducted between Aug. 10 and 27, coinciding with sharp swings in global stocks on concerns that the world second-largest economy might be slowing more than previously thought. The monthly survey of 10 investment managers based in Britain showed average exposure to shares grew to 53.9 percent, its highest since April, from 52 percent in July. An Aug. 11 devaluation of the yuan fed these fears. It might be that after a six-year bull market, which historically is a lengthy time period, the markets need to take a breather and give some of the returns that we have seen over that time period back, said Peter Lowman, chief investment officer at Investment Quorum in London. However, investment in stocks grew far more slowly than in July when it rose by the most in a year. (news.financializer.com). As reported in the news.