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Hedge funds used bank crisis to increase exposure to stocks in the financial sector

Hedge funds used bank crisis to increase exposure to stocks in the financial sector
A note from S&P Global Market Intelligence says (in brief):Hedge funds used the bank stress as an early buying opportunity, dismissing speculation that a significant crisis was at play,boosted their exposure to financials by 5.5%, after having reduced it by 3.9% in FebruaryHedge funds raised their exposure to financials more than any other sectorTraditional asset managers cut their positioning in financials by 1.1% and also slashed $20.2 billion in equities stakes across other sectorsThis always... Read More
Posted: Apr 13 2023, 21:43
Author Name: forexlive
Views: 102448

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