By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON - Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospectSaltWire's Atlantic regional weather forecast for September 18, 2023 | SaltWireNEW YORK/LONDON - Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospect of a widening supply deficit, Goldman Sachs said in a report.
Goldman Sachs, as one of the biggest providers of lending and trading services to investors through its prime brokerage unit, is able to track hedge funds' investment trends.