美国银行全球基金经理调查：现金持有水平降至4.2%，低于四月份的4.8%，但尚不至于令人担忧。

Core Insights - The cash holding level among global fund managers has decreased to 4.2%, down from 4.8% in April, indicating a slight shift in investment strategy but not reaching concerning levels [1] Group 1 - The decline in cash holdings suggests that fund managers may be more optimistic about market conditions, potentially reallocating funds into equities or other assets [1] - The current cash level of 4.2% is still within a range that does not raise immediate alarms, reflecting a cautious yet positive outlook among investors [1]