European hedge funds increase allocation to defensive stocks

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European hedge funds increase allocation to defensive stocks
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Ecology Action Centre calls for immediate implementation of Coastal Protection Act | SaltWireNEW YORK - European hedge funds have bought defensive stocks in October, while selling cyclicals, Goldman Sachs said in a report about trading flows.

The flows illustrate how European hedge funds have become more cautious amid the Hamas-Israel war and continued uncertainty about future economic growth.

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