Hedge funds sell energy stocks, increase bearish bets

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) - Hedge funds ditched energy stocks last week for the first time in three weeks, despite ...

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines