Prime Services Weekly Report

The GS Prime Services report highlights record-breaking net buying in Asian equities and historically elevated hedge fund leverage (307% gross). Global equities were net bought for the first time in three weeks, led by Info Tech and Industrials.

Key Takeaways

• 1.Global equities were net bought for the first time in 3 weeks, driven primarily by record-level net buying in Asia (EM + DM).
• 2.Hedge fund leverage remains near historic highs, with overall book gross leverage at the 98th percentile and net leverage at the 97th percentile on a 1-year basis.
• 3.Information Technology saw the most significant long buying (+3.69 SDs), while US Real Estate experienced its fastest net selling since September 2022.

Table of Contents

• Key Takeaways
• Regional Flows and Weightings
• Sector Flows and Weightings
• Sources and Definitions
• Disclaimers
• Notice to Brazilian Investors
• Notice to Investors in Japan
• Notice to Mexican Investors
• Notice to New Zealand Investors
• Notice to Swiss Investors
• Notice to Investors in Korea

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