Sep
12

Investors Boost Stock Hedges at the Fastest Pace in More Than a Year

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  • Share of fund managers taking protection rises most since 2016
  • BofAML survey shows investors fretting over North Korea

The number of investors seeking protection from a stock market plunge rose by the most in 14 months in September, according to the latest survey of fund managers by Bank of America Merrill Lynch.

There was a 9 percentage point jump in the share of investors buying equity hedges, according to the Sept. 1 to 7 poll of money managers overseeing $629 billion. That leaves only a net 27 percent who have not bought protection, the bank’s strategists said. The level of underweight positions in U.S. equities rose to a ten-year high…

Investors Boost Stock Hedges at the Fastest Pace in More Than a Year

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Categories : Hedge Funds

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