From Caroline Mandl
New York (Reuters) – Global Hedge Funds sold more shares than they bought the largest amount of the year, mostly guided by their bets that will fall, Goldman Sachs Note showed on Friday.
Note refers to the period from 21 to 27 February.
Goldman Sachs said gloomy are available in all geographical regions, but mostly in North America and part of Asia, and were seen in almost all sectors of the company, except for communication services.
In healthcare, the net sales of hedge funds have completely encouraged short positions and ranked close to the highest level seen in the last five years.
Hedge funds have become more pessimistic about health care after buying shares in the sector on a net basis for six straight weeks.
It is betting that they will fall on a list with a list on the list, including those focused on large and small caps, they rose 5.4% last week among the Goldman Sachs clients.
Stocks have fallen over the period, with MSCI’s stock measures around the world, reduced about 3%, due to concern due to escalated trade war and Chip -chip -chip -a Nvidia reports that failed to restart the AI rally on Wall Street.
“He has slowed the rising pace compared to the last few months,” Goldman said in a separate note on the positioning of hedge funds, adding that the portfolio managers had rotated from US shares and in Asian supplies this year.
Exposure to the magnificent seven group of American technology and growth in stock is now at the lowest level since April 2023, indicating that an episode for removal of risked funds could be in the last phase.
(Reporting Caroline Mandl, New York; Mounting Rod Nickel)
