According to online reports, HSBC's quarterly survey of 100 fund managers showed investors 'bullish sentiment towards emerging markets reached its highest level in more than two years. The survey shows that about 44% of respondents are currently optimistic about emerging markets in the next three months. This proportion is up from 36% in March and the highest level since March 2023. The survey covered funds that manage a total of $414 billion in assets in emerging markets. "The consensus remains that emerging market stocks will rise in the next three months and outperform developed market stocks," said Murat Ulgen, an economist at HSBC who led the survey.