The latest global fund manager survey (GFMS) from BOA showed some uncertainty in the investment outlook.

 The GFMS indicated that the investment interest had gone up.

However, the investment interest was concentrated in the tech sector.

Simultaneously, the fund managers also felt that the equity markets were overvalued.

Despite the overvaluation in the equity market, the fund managers didn't think that it was a big bubble that was waiting to burst.  Instead, their concern was still on inflation.