(Bloomberg) — The artificial intelligence frenzy is nowhere near finished driving global equities to record highs, according to money managers interviewed by Bloomberg News. Most Read from Bloomberg Investors and market strategists at major firms including BlackRock Inc. and BNP Paribas Asset Management said they expect all things AI to feature among the prominent themes
By Nell Mackenzie Hedge funds sell stocks at the fastest pace in five months, says Goldman {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} LONDON, – Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter, ahead of U.S. inflation figures that could determine
By Carolina Mandl NEW YORK (Reuters) – Trend-following hedge funds could sell between $20 billion and $42 billion in U.S. equities over the next month if the stock market continues to retreat, a Goldman Sachs note shows. Also known as CTAs (commodity trading advisers), trend-following hedge funds trade systematically to catch big trends in markets.