Hedge Funds Turn Bullish On European Stocks

According to Morgan Stanley’s July 28 Hedge Fund Positioning Update, hedge funds are getting bullish on equities outside the United States as Brexit fears subside and markets rally.

According to the prime brokerage report, which is based on aggregated information provided from filtered Morgan Stanley Prime Brokerage data, hedge funds have consistently brought equities throughout July even as the MSCI AC World has been mostly flat since July 14.

Also see top hedge fund letters here
Hedge funds turn bullish on European stocks
Morgan . . .

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