| 15.05.2012 Funds deleverage in March - BofA Merrill Lynch |
| Bailey McCann, Opalesque New York: Leverage, as measured by NYSE Margin Debt, declined by 6.3% year-on-year
(YOY) to $295.9bn in March, according to a new report from BofA Merrill Lynch Global Research. BofA Merrill Lynch hedge fund analyst Mary Ann Bartels notes in the report that funds are selling NDX 100 out of a crowded long, with the risk going to equities. The global diversified hedge fu |