78% Expect Second Half Rate Rise; Bullish For Alt Managers: Morgan Stanley

A recent survey of professional investment managers at a Morgan Stanley Financials Conference shows that a strong majority of investors think interest rates will rise in the second half of the year. Such a rate rise, feared by many investors, is projected to be incrementally more positive for alternative investment and financial stocks, which are seeing stronger allocation trends.

More than 3/4 of investors think both short and long rate rise in the second half of 2015

Fully 78 percent of investors surveyed expect both the short and long end of the U.S. yield curve to rise by the end of 2015, a June 10 research report...