0955 GMT - Investors are more confident tech will outperform the broader market than at any time since August 2020, according to Bank of America's October fund manager survey. Close to net 40% of investors are overweight technology--suggesting they think that technology will outperform the broader market. In contrast, investors cut their bets on banking stocks, the survey finds. The largest underweight position surveyed investors hold is in real estate, the survey finds. Fund managers have also turned sharply against consumer discretionary stocks--stocks that a vulnerable to economic downturns. Around net 34% of investors are underweight consumer discretionary--the largest underweight on the sector since July 2008.