For the fourth week in a row both hedge funds and private clients were net buyers of stocks while institutional investors were net sellers, that’s according to Bank of America Merrill Lynch’s weekly client equity flow trends research report. The report notes that last week Bank of America clients brought $0.7 billion of ETFs but at the same time sold $0.2 billion of US single stocks, leading to net inflows of $0.9 billion. The authors of the report note that this is yet another week of directionless buying, a trend which has been in place since mid-February when the post-election…
Institutional Clients Continue To Miss Entire Market Rally
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk