London(Shakespearefinance) May 2, 2008: A poll conducted on 10 prominent fund management firms has shown their equity rising from 66.2% in March to 67.3% in April. This figure is however still well below the last year's 71.6% rise before the credit crisis started. Starting from 20.1% in March the Bond positions climbed to 20.7%. But the cash positions slid to 8.5% from 9.1% during this period.

"Markets have taken a little bit of an uplift, realizing the real danger point in the credit crisis is probably behind us," Insight Investment's investment strategy head Matt Merritt explained. "But the outlook, when you realise house prices are falling and the oil price is still elevated, suggests the macro environment will remain difficult," he further said.

During the last month the FTSE 100 index rose by 6.8% which left the price/earning ratio at 11.2 of the predicted earnings. After that the Bank of England and US Federal Reserve, faced with the prospects of rerecession, have downed the rates of interest in order to boost their respective economies.