Banks Stocks Back in Vogue for Hedge Funds

European bank stocks fell by as much as 4% at one point last month, before staging a strong recovery to end September with a gain of 2.6%, while U.S. banks ended the month down 3%.

Hedge funds began adding long positions in European banks, insurance companies and capital markets firms in August, reaching a 12-month high by Sept. 21, the bank said. "Those areas of the market where HF ownership was lightest entering the week ultimately ended as the most net bought," the note said.Both long and short exposure to all European stocks still sat at relatively low levels for U.S. and European hedge funds.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

European stocks steady as banks offset declines in utilities By ReutersEuropean stocks steady as banks offset declines in utilities
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Asia-Pacific stocks mixed as China's factory activity expands for the first time in six monthsAsia-Pacific stocks open mixed after China's manufacturing PMI for bounces back to expansion territory.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Asia-Pacific stocks fall even as China's factory activity expands for the first time in six monthsAsia-Pacific stocks fell after China's manufacturing PMI for bounces back to expansion territory.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Hedge funds using computers to sell up to $30 billion of stocks soonLONDON, Oct 2 (Reuters) - Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in...
مصدر: AllSidesNow - 🏆 572. / 51 اقرأ أكثر »