Macro hedge funds are net short the U.S. equity markets – and positioned themselves as such ahead of the Fed’s decision not to raise interest rates last week. One month rolling S&P 500 and NASDAQ exposure for global macro hedge funds Bank of America’s Hedge Fund Monitor, dated September 14, indicates that macro hedge funds sold both S&P 500 and NASDAQ to a net short the first time since May 2014. Moreover, reading in NASDAQ 100 is the most short since May 2013. They also reduced their long in 10-year treasury, added to shorts in commodities, increased their net long…
Macro Hedge Funds Net Short U.S. Equity Markets Ahead Of Fed Meeting
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.