Asset Allocation | Equities | Global
Hedge Funds and Asset Managers Reduce S&P, NASDAQ Exposure
- By Bilal Hafeez and Ben Ford
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- 2 min read
Investor sentiment sunk deeper into bearish territory over the past week. Asset managers and hedge funds reduced positions in S&P500 and NASDAQ as they rotated to other asset classes – notably Energy ETFs for hedge funds, and Financial ETFs for asset managers.
On the details:
Flows: US equity ETFs saw continued outflows ($3.95bn) for tenth consecutive day (Chart 1). UST, IG, Muni, and MBS ETFs experienced weekly inflows (Chart 2).
Investor sentiment sunk deeper into bearish territory over the past week. Asset managers and hedge funds reduced positions in S&P500 and NASDAQ as they rotated to other asset classes – notably Energy ETFs for hedge funds, and Financial ETFs for asset managers.
On the details:
Flows: US equity ETFs saw continued outflows ($3.95bn) for tenth consecutive day (Chart 1). UST, IG, Muni, and MBS ETFs experienced weekly inflows (Chart 2).
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