Positioning Mondays

Global markets are experiencing a significant rotation away from the technology sector as fundamental hedge funds deleverage and reduce risk. Despite institutional caution, retail investor sentiment remains surprisingly bullish.

Key Takeaways

• 1.A broadening market trade is occurring as tech funds face significant outflows and investors rotate funds.
• 2.Fundamental L/S hedge fund managers are adopting a more cautious stance with gross leverage at a 1-year low.
• 3.Retail sentiment remains bullish despite broader market volatility and extreme fear readings in sentiment indices.

Table of Contents

• Hedge Funds - Prime Brokerage
• Asset Managers (CFTC/COT report)
• Mutual Funds - EPFR
• Retail Flows
• Systematic
• Corporates
• Retail - AAI Sentiment Survey
• GS Sentiment Indicator
• CNN Fear & Greed Index

Document Preview

Page 1 of 4

Subscribe for full accessStart Free Trial