A survey of fund managers by Merrill Lynch, an investment bank, found 82% expected volatility to rise this year.

投资银行美林对基金经理做了个调查，其中82%认为今年的波动率会提高。

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A survey of fund managers by Merrill Lynch, published on May 16th but conducted a few days before the markets screeched into reverse, bore out the impression of an inflation scare.

美林5月16号公布了一项对基金经理的调查，但调查是在市场逆转的前几天进行的，它证实了市场恐惧通胀的印象。

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A survey of global fund managers in February, conducted on behalf of Bank of America Merrill Lynch, found that a net 67% were overweight equities (relative to their normal portfolio allocation).

2月份的一份代表美国银行对全球基金经理人的调查显示，共有67%的股票属于超重权益(相对于正常权益分配组合比例来说)。

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Encouragingly, for those of a contrarian bent, the latest Merrill Lynch survey of global fund managers found that most investors are underweight in emerging-market shares at the moment.

ECONOMIST: A health check for emerging markets

Also reflecting improved investor sentiment, Bank of America Merrill Lynch's most recent monthly survey of fund managers showed that just 3% of fund managers participating in the January survey expect the global economy to weaken over the next year, compared with 27% holding that view in December.

WSJ: Japan's Nikkei Rises

Merrill Lynch, another American investment bank, found in a recent survey of European fund managers that only 10% thought that countries mattered for their investment decisions, but 76% said it was crucial to be in the right sector.

ECONOMIST: When countries don��t count