Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling

Tuesday, August 19, 2014

Komfie Manalo, Opalesque Asia:

Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor.

The report also added that equity long/short market exposure decreased to 34% net long from 37% net long; above the 35-40% benchmark level, while macro funds reduced their long exposure in S&P500 and NASDAQ. "They increased their long exposure in Commodities. They also increased USD exposure and decreased 10-yr short exposure. Additionally, they reduced their large cap tilt. Overseas, they increased their emerging market long exposure," the report said.

Key takeaways this week

  • Speculators decrease S&P500 positioning to net short and increased Russell shorts. MAA and technicals suggest further selling.
  • Gold net long position close to one year high, silver sold for fourth week. Gold buying and silver selling are likely to continue.
  • Crude net long positioning reduces for seventh consecutive week, MAA and technicals recommend remaining bearish.
  • Hedge funds are up 0.40% for the week as CTA advisors top hedge fund indices.

The report also cited data from the Commodity Futures Trading Commission showed that large speculators sold S&P500 to net short. They also decreased NASDAQ longs and increased Russell shorts. MAA suggests S&P500 and Russell shorts may increase and tech......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style