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Global fund managers believe S&P 500 will outperform in 2021; tech stocks gaining investor interest

Global fund managers believe S&P 500 will outperform in 2021; tech stocks gaining investor interest Kshitij Bhargava © Provided by The Financial Express Among US equities, technology stocks seem to be getting back in action. (Image: REUTERS) An increasing number of global fund managers believe that the S&P 500 will outperform in 2021, according to Bank of America s Global Fund Manager Survey (FMS). Now, 34% of survey participants believe that S&P 500 could be the best investment for 2021, dethroning emerging markets that were the most favoured trade till last month. So far this year, the S&P 500 has jumped 12.5% while emerging markets such as India and Brazil are largely flat year-to-date.

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