Fund managers shifting money to equities from bonds
More institutional investors believe the global economy will strengthen in the year ahead
Optimism in the global economy is outweighing fears surrounding the U.S. fiscal cliff
Institutional investors identify U.S. fiscal situation as a top risk
Fresh optimism comes amid growing expectations of intervention by the European Central Bank
Eurozone concerns spread to core economies
Institutional investors spur hedge funds to grow operations and increase transparency
Demand for diversification and alpha is expected to push up allocations over the next one to three years
Gloomier outlook for economy, corporate profits
Growth in the Canadian market has outpaced the corresponding U.S. market