Assisted By Energy Shorts, CTAs Stage Late Year Come-backMark Melin
A UBS prime brokerage report notes how shares of poultry producers have outperformed this year, but hedge fund attitudes are turning on the poultry stocks. CTAs, however, the leading hedge fund sector in November, have benefited from “well established shorts” in the oil while the UBS report also noted hedge funds it studies are overweight consumer discretionary stocks while underweight financials.
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