Investor desire for buybacks, dividends highest in 9 years: BofA Securities

40 per cent of respondents surveyed by BofA (62 per cent in December 2023) now expect bond yields across the globe to head lower in the next 12 months

Investor's desire for companies to prioritize returning cash to shareholders via share buybacks, dividends and mergers and acquisitions (M&A) hit the highest level since July 2015, suggests the latest BofA Securities (BofA) survey. Nearly 30 per cent of the respondents surveyed by BofA Securities wanted the companies to do so. SEE CHART

226 panelists with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), BofA said. While 198 participants with $527 billion worth of AUM responded to the Global FMS questions, 119 participants with $256 billion worth of AUM responded to