By Rahul Karunakar BENGALURU (Reuters) - Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed. The findings come as major indexes on Wall Street look set for their steepest weekly plunge since the global financial crisis more than a decade ago, as rising numbers of new coronavirus infections outside China increase fears of a pandemic. "At present we feel it is appropriate to err on the side of caution until the scale and impact of the virus, and the longer-term economic implications, are slightly better understood and quantifiable than they are today," said Mark Robinson, chief investment officer at Bordier & Cie UK.
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