U.S. fund managers leave allocations largely unchanged

Article by: Rahul Karunakar

"We are in a battle between facts and fears," said Alan Gayle, president at Via Nova Investment Management.  "The facts are a strengthening economy with increased employment, earnings and spending which is helping to fuel impressive sales and earnings growth for companies. The two main fears are how fast the Federal Reserve will raise interest rates and how far trade tensions will escalate. These risks have grown in recent months."