Trend hedge funds could sell up to $42 billion in US shares, says Goldman
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.